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Question

The one rupee note and coins are issued by _____________.

A
RBI (Central Bank)
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B
Commercial Bank
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C
Ministry of Finance
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D
Central Government
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Solution

The correct option is C Ministry of Finance
Reserve bank of India has the sole right to issue currency notes of various denominations except one rupee note under Section 22 of Reserve bank of India Act. The one rupee note and coins are issued by the ministry of finance and it bears the signature of finance Secretary.

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