Multiple Choice Questions on The first bank note issued by Reserve Bank of India in January 1938 was bearing the portrait of whic........... for PCS Exam Preparation

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Multiple Choice Questions

The first bank note issued by Reserve Bank of India in January 1938 was bearing the portrait of whic...........

Indian Economic System(PCS) Money and banking
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    The first bank-note issued by Reserve Bank of India in January 1938 was bearing the portrait of which of the following ?

    This questions was previously asked in
    PCS Previous year General Studies paper (2013)
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    George VI

    Correct Answer

    Queen Victoria

    Incorrect Answer

    George V

    Incorrect Answer

    Edward VIII

    Incorrect Answer
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    Explanation:

    The Reserve Bank of India was set up in 1935 and empowered to issue Government of India notes. And the first paper currency issued by RBI was a 5 rupee note bearing King George VI's portrait, in January 1938.

    By: Dr. Vivek Rana
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