The one rupee note and coins are issued by _____________.
A
RBI (Central Bank)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Commercial Bank
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Ministry of Finance
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Central Government
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
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.