Question

____coins/notes are issued by the Government of India (Ministry of India).

• A. Re. 1
• B. Rs. 5
• C. Rs. 1,000
• D. Rs. 100

Answer 1

Answer: (A)

Re. 1

The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act. Coins in India are presently being issued in denominations of 10 paise, 20 paise, 25 paise, 50 paise, one rupee, two rupees, five rupees and ten rupees. Coins can be issued up to the denomination of Rs. 1000 as per the Coinage Act, 1906.

Hence, option A is correct.