Multiple choice

India is indigenizing the production of a special paper to print the ……, the most frequently counterfeited currency in the country.

  1. Rs 500 notes

  2. Rs 1 notes

  3. Rs 100 notes

  4. None of these
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A Correct answer
Explanation

The Reserve Bank of India has historically focused on indigenizing the production of high-denomination currency notes, specifically the Rs 500 note, to reduce reliance on imports and improve security. This initiative aims to combat counterfeiting, which is most prevalent in higher-value denominations.

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