BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is issued by RBI?
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Currency notes
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Coins
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Both 1 and 2
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None of the above
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Explanation:
Detailed explanation-1: -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-2: -Presently, the Reserve Bank issues banknotes in denominations of ₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500 and ₹2000. Coins in circulation comprise 50 paise and ₹1, ₹2, ₹5, ₹10 and ₹20 denominations. VIII.
Detailed explanation-3: -Rupees Five-First Note issued by Reserve Bank of India This was followed by Rs 10 in February, Rs 100 in March and Rs 1, 000 and Rs 10, 000 in June 1938.
There is 1 question to complete.