Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is a ______________.
A
Printing press of RBI
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B
Branch of a Central bank
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C
Branch of a State bank
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D
All the above
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Solution
The correct option is A Printing press of RBI
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is one of the subsidiaries of Reserve Bank of India which prints banknotes (Indian rupees) for Reserve Bank of India (RBI).
It was established in the year 1995. It has presses located at Mysore, Salboni, Nashik, and Dewas.