BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The currency notes are issued by the Reserve Bank of India under the signature of
A
Executive Director
B
Deputy Governor
C
Governor
D
Secretary
Explanation: 

Detailed explanation-1: -The One Rupee note is issued by the Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of Governor RBI.

Detailed explanation-2: -The notes bear the signature of Dr. Bimal Jalan, Governor of the Reserve Bank.

Detailed explanation-3: -The portrait of Mahatma Gandhi, the Reserve Bank seal, guarantee and promise clause, Ashoka Pillar Emblem on the left, RBI Governor’s signature are printed in intaglio i.e. in raised prints, which can be felt by touch, in Rs. 20, Rs. 50, Rs. 100, Rs.

Detailed explanation-4: -As a result, the one rupee note is the only note bearing the signature of the Finance Secretary and not the Governor of the RBI.

Detailed explanation-5: -The Reserve Bank has the sole authority to issue banknotes in India.

There is 1 question to complete.