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Indian Economic System(PCS)

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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

Queen Victoria

George V

Edward VIII

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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