RRB Technician 2014 Ques 55
Question: Who has the Sole Right to issue paper currency in India?
Options:
A) The Government of India
B) The Finance Commission
C) The Central Bank of India
D) The Reserve Bank of India
Show Answer
Answer:
Correct Answer: D
Solution:
- The sole right to issue paper currency in India is provided to the Reserve Bank of India as every currency note in India except one rupee note has the signature of the Governor of RBI. It also says that I promise to pay the Bearer the sum (any amount).
BETA
