BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The currency notes of which of the following denominations are not printed in India?
A
Rs. 5
B
Rs. 10
C
Rs. 50
D
Rs. 2500
Explanation: 

Detailed explanation-1: -The correct option is D ₹ 700 note Which of the following statements is not true with respect to the Indian Currency?

Detailed explanation-2: -The correct answer is Option 1 i.e. Kochi. Currency printing press of India is NOT located in Kochi. There are 4 currency note printing presses in India. Dewas in Madhya Pradesh and Nashik in Maharashtra are controlled by the central government.

Detailed explanation-3: -Banknotes in India are currently being issued in the denomination of ₹10, ₹20, ₹50, ₹100 ₹200, ₹500, and ₹2000. These notes are called banknotes as they are issued by the Reserve Bank of India.

Detailed explanation-4: -Currency Basics Currency-Banknotes in India are currently being issued in the denomination of Rs 10, Rs 20, Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000. These notes are called banknotes as they are issued by the Reserve Bank of India (Reserve Bank).

There is 1 question to complete.