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Question

The designing and minting of coins in various denominations is the responsibility of the . However, they are circulated only through the .

A
RBI
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B
Government of India
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C
Finance Ministry
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D
State Government
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Solution

The correct option is B Government of India
In India, the Reserve Bank of India (RBI) has the exclusive right to print money. It prints all currency notes, except the one rupee denomination notes and its subsidiary coins. Instead, they are issued by the Government of India through the Ministry of Finance. Additionally, the Finance Ministry issues all other coins in various denominations on behalf of the Government of India.

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