BANKING AFFAIRS

Detailed explanation-1: -Detailed Solution. One rupee note in India bears the signature of Finance Secretary while other currency notes in India bear the signature of RBI governor. SSC Stenographer Skill Test to be reconducted. The dates of the test will be announced soon.

Detailed explanation-2: -Under Section 22 of the Reserve Bank of India Act, RBI has sole right to issue currency notes of various denominations except one rupee note. The One Rupee note is issued by the Ministry of Finance and it bears the signatures of the Finance Secretary, while other notes bear the signature of Governor RBI.

Detailed explanation-3: -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-4: -The design of the One Rupee Currency Notes will be as under: Obverse: It contains the words ‘ ’ above the words “Government of India” with the bilingual signature of Shri Ratan P.

Detailed explanation-5: -The one rupee note and coins are issued by ministry of finance and it bears the signature of Finance Secretary.