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Question

Who is responsible for designing and minting coins in India?

A
Reserve Bank of India
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B
Government of India
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C
State Bank of India
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D
Union Bank of India
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Solution

The correct option is B Government of India
The RBI prints all currency notes except the one rupee denomination notes and its subsidiary coins. The designing and minting of coins is the responsibility of the Government of India. However, the coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.

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