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Byju's Answer
Standard VII
Civics
Law Implementation Departments
Which of the ...
Question

Which of the following issues the currency notes and coins of one rupee and lower denomination in India?

A
SBI
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B
RBI
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C
Government of India
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D
Ministry of Finance
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Solution

The correct option is D Ministry of Finance
As per Coinage Act, 1906, the responsibility of designing and minting of coins rests with the Govt of India and not RBI. Moreover, the responsibility of minting the one rupee note also rests with the Govt of India.

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