Indian Financial System
Quick practice
Question 1 of 4
Under Section 22 of the Reserve Bank of India Act, 1934, the RBI holds the sole right to issue currency notes in India. However, which specific currency denomination is explicitly excluded from the RBI's issuance authority and is instead issued directly by the Ministry of Finance?
A
The Five Hundred Rupee note
B
The Ten Rupee note
C
The One Rupee note and all coins
D
The Fifty Rupee note
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