Which authority issues the one-rupee note in India?

The Reserve Bank of IndiaCorrect answerYour answerThe State Bank of IndiaCorrect answerYour answerThe Ministry of Finance, Government of IndiaCorrect answerYour answerThe India Government MintCorrect answerYour answer

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CorrectNot quiteAnswer C

Correct answer: C

The Reserve Bank issues every currency note except one.
The one-rupee note is issued by the Ministry of Finance and carries the signature of the Finance Secretary, not the Governor.
Coins are likewise issued by the Government of India, under the Coinage Act.

Worth noting

A quick test of the answer: look at whose signature is on the note. Every other denomination carries the RBI Governor's.

Concept: Who issues the one-rupee note
Typical timeTypical: 45 s
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The rule this testsThe Reserve Bank and monetary policy

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Ten questions from Indian Economy & Institutions, at your own pace.

Which authority issues the one-rupee note in India?

Explanation