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Question
Who authorises the Indian currency?
Who authorises the Indian currency?
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Solution
The correct option is D Government of India
The currency we use today, the Indian rupee, is accepted as a medium of exchange throughout the country. The Reserve Bank of India issues the currency. However, the currency is authorised by the Government of India. Therefore, the RBI issues the currency on behalf of the government.
The currency we use today, the Indian rupee, is accepted as a medium of exchange throughout the country. The Reserve Bank of India issues the currency. However, the currency is authorised by the Government of India. Therefore, the RBI issues the currency on behalf of the government.
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