Q. Indian Currency Notes above one rupee denominations are issued by

A
Reserve Bank of India
B
Ministry of Finance
C
State Bank of India
D
Government of India
Solution:

Under Section 22 of the Reserve Bank of India Act, RBI has sole right to issue currency notes of various denominations except one rupee notes. The One Rupee note is issued by Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of Governor RBI.

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