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SSC CHSL 2020 · PYQ · Economics - Banking · medium

Which of the following banks prints the currency notes in India?

Answer

The correct answer is A: Reserve Bank of India. The Reserve Bank of India (RBI) has the sole authority to issue and print currency notes in India (except ₹1 notes, which are issued by the Ministry of Finance).

  1. A.Reserve Bank of India✓ Correct
  2. B.State Bank of India
  3. C.NABARD
  4. D.ICICI Bank

Explanation

The Reserve Bank of India (RBI) has the sole authority to issue and print currency notes in India (except ₹1 notes, which are issued by the Ministry of Finance).
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