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Printing Money

The Reserve B...

Question

The Reserve Bank of India issues currency notes and coins in India.

A

True

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B

False

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Solution

The correct option is B False

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Similar questions

Q. Identify the bank that issues currency notes and coins in India.

Q. The Reserve Bank of India issues notes and coins on behalf of the state banks.

Q. Consider the following statements:
1) Reserve Bank of India can print and issue currency notes of denominations from two rupee notes to ten-thousand rupee notes.
2) Reserve Bank of India maintains a separate issue department to look after currency issue.
Which of the statement(s) given above is/are correct?

Q. Consider the following statements and choose the correct option regarding the Reserve Bank of India (RBI).

A: The RBI prints all coins and currency notes in India.

B: The RBI is headquartered in New Delhi.

C: The RBI was established through the Reserve Bank of India Act, 1934.

Q. The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations?

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