aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Indian Banking and Financial Institutions
  • Which of the following is an authority to issue notes val...
Multiple choice

Which of the following is an authority to issue notes valuing not more than Rs.2:

  1. State Bank of Hyderabad

  2. Finance minster

  3. Under Secretary

  4. Finance Secretary

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In India, the one-rupee note is issued by the Ministry of Finance, and it bears the signature of the Finance Secretary, not the Reserve Bank Governor.

Keep practicing — related questions

  • __________________ issues currency notes on behalf of the Central Government.
  • Who is the signatory on the Indian currency notes in denomination of two rupees and above?
  • The one rupee note bears the signature of the
  • A machinery is purchased on April 1, 2009 for Rs. 2,00,000. It is depreciated @ 10% p.a. on straight line m...
  • The annual accounts have shown the following: Profit for 2010 = Rs. 50,000 (after charging loss on sale of ...
  • Shivam and Rytham are partners with their capital amounts Rs. 2,00,000 and Rs. 3,00,000 respectively. As pe...
  • The debtors and provision for doubtful debts are appearing in the balance sheet at Rs. 2, 00,000 and Rs. 18...
  • Which of the following statement is INCORRECT? Consider following statements 1. There are more Wildlife san...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Banking Regulation and Monetary Policy (1219 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy