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Who prints th...

Question

Who prints the currency notes in India?

A

The Government

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B

The Union Public Service Commision

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C

The Reserve Bank of India

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D

The Supreme Court

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Solution

The correct option is C The Reserve Bank of India
The Reserve Bank of India (RBI) prints the currency notes in India. Although the RBI has the power to print currency, the government still has the final say in what denominations are to be circulated.

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Similar questions

Q. The highest currency note ever printed by the Reserve Bank of India (RBI) was a Rs 10,000 note during the British Raj. It was printed first in ?

Q. The Reserve Bank of India prints currency notes in denominations of Five rupees, Ten rupees, Twenty rupees, Fifty rupees, One hundred rupees, Five hundred rupees and One hundred rupees. In how many ways can it display in a set order ten currency notes not necessarily of different denominations? How many of these will have currency notes of all denominations?

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

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.

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