In India by which one of the following institutions one rupee currency notes and coins are issued ........

Static GK (MTS) Banking Awareness

In India, by which one of the following institutions one rupee currency notes and coins are issued?

This questions was previously asked in

SSC MTS 6th July 2022 Shift-1

Imperial Bank of India

Industrial Finance Corporation of India

Finance Ministry

Central Bank of India

- Option 1: Imperial Bank of India

- This bank no longer exists and was later renamed State Bank of India.

- It does not issue any currency notes or coins.

- Option 2: Industrial Finance Corporation of India

- This organization provides industrial financing, not involved with currency issuance.

- Option 3: Finance Ministry

- The Government of India, through the Ministry of Finance, issues one rupee notes and coins.

- All other currency notes are issued by the Reserve Bank of India, but not the one rupee note and coins.

- The one rupee is unique in this way.

- Option 4: Central Bank of India

- This is a commercial bank, different from the Reserve Bank of India.

- Not responsible for currency issuance.

Submit Error