wiz-icon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

The one rupee note bears the signature of _________.

A
Secretary, Ministry of Finance
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Governor, RBI
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Finance Minister
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Secretary, Ministry of Finance
Under section 22 of the Reserve Bank of India Act, RBI has sole right to issue currency notes of various denominations except one rupee notes. The One Rupee note is issued by Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of RBI Governor.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Functions of the Central Bank
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon