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Law Implementation Departments

The one rupee...

Question

The one rupee note and coins are issued by _____________.

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Solution

Answer:

The one rupee note and coins are issued by the Ministry of Finance.

Ministry of Finance is responsible for issuing Re. 1 notes and coins in India. Under Section 22 of the Reserve Bank of India Act, the Reserve Bank of India has sole authority to issue currency notes of various denominations, excluding one rupee note. The Ministry of Finance issues the one rupee note and coins, which bear the signature of the Finance Secretary.

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