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Money and Its Functions · Question 28 of 57

Question 28

MediumOriginal question

In India, currency notes other than the ₹1 note are issued by

Options for question 28

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. The RBI has the sole right to issue currency notes; ₹1 notes and coins are issued by the Government of India.

Concept
Issue of currency
Typical time
70 s
Your time
—
The rule this testsLegal tender and fiat money
Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.

Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.