Multiple Choice Questions on note is called currency note and is printed by the Government of India ........ for IBPS (PO/SO) Preparation

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Multiple Choice Questions

note is called currency note and is printed by the Government of India ........

Professional Legal Knowledge RBI Act
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    _______ note is called currency note and is printed by the Government of India

    Rs.1

    Correct Answer

    Rs.5

    Incorrect Answer

    Rs.10

    Incorrect Answer

    Rs.2

    Incorrect Answer
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    Explanation:

    The correct option is 1: Rs.1.

    Explanation:

    • The Rs. 1 note is called a currency note and is printed by the Government of India.
    • Other denominations, like Rs. 5, Rs. 10, and higher values, are issued by the Reserve Bank of India (RBI).
    • The Rs. 1 note is issued directly by the Government of India, and its signature is that of the Finance Secretary.

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