Multiple choice general knowledge history

The Issuance of Indian Rupee is Controlled by which of the following Governing Bodies?

  1. Reserve bank Of India

  2. Central Bank Of India

  3. Bank Of India

  4. State bank Of India

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

The Reserve Bank of India (RBI) is India's central banking institution and has the sole authority to issue currency notes and control monetary policy. The Central Bank of India, Bank of India, and State Bank of India are commercial banks and do not have currency issuance powers. Option A is correct.