Multiple choice general knowledge culture

which institution in india issues currency notes on behalf of the central government?

  1. state bank of india

  2. central bank of india

  3. reserve bank of india

  4. institution for monetory affairs
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Reserve Bank of India (RBI) is India's central bank and has the sole authority to issue currency notes on behalf of the Central Government. The State Bank of India and Central Bank of India are commercial banks, and there is no 'institution for monetary affairs' with this role.

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