BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who signs the One Rupee notes in India?
A
Prime Minister
B
RBI Governor
C
Finance Secretary
D
President
Explanation: 

Detailed explanation-1: -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-2: -The One Rupee note is issued by the Ministry of Finance and it bears the signatures of the Finance Secretary.

Detailed explanation-3: -no interference by RBI. RBI has the right to print currency notes in the country except coins & 1 Re note which are issued by Govt. Thus, it bears the sign of MoF.

Detailed explanation-4: -The one rupee note and coins are issued by ministry of finance and it bears the signature of Finance Secretary.

Detailed explanation-5: -The One Rupee note is issued by Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of RBI Governor.

There is 1 question to complete.