Security Printing and Minting Corporation of India Limited (SPMCIL) was formed after corporatisation of nine units including four mints, four presses and one paper mill which were earlier functioning under the Ministry of Finance. The Company was incorporated on

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	13th January 2006
B	01st April 2002
C	18th March 2004
D	02nd October 2008

Explanation:

Detailed explanation-1: -SPMCIL consists of two currency printing presses: the Currency Note Press (CNP) in Nashik and the Bank Note Press (BNP) in Dewas. New production lines are also set up in Mysore and Salboni.

Detailed explanation-2: -Summary. English: The Chairman & Managing Director (CMD), Security Printing & Minting Corporation of India Limited (SPMCIL), Shri M.S. Rana presenting a dividend cheque of Rs. 115, 43, 84, 708/-to the Union Finance Minister, Shri Pranab Mukherjee, in the presence of the Secretary, Deptt.

Detailed explanation-3: -(BRBNML). The government owned presses are at Nasik (Western India) and Dewas (Central India). The other two presses are at Mysore (Southern India) and Salboni (Eastern India). Coins are minted in four mints owned by the Government of India.

Detailed explanation-4: -The nine production units are: four India Government Mints, two Currency Note Presses, two Security Printing Presses and one Security Paper Mill located in Mumbai, Kolkata, Hyderabad, Noida, Nashik, Dewas and Narmadapuram.

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