BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Whose signature is found on a 50 rupee currency note in India?
A
President of India
B
Governor, RBI
C
Finance Minister
D
Prime Minister of India
Explanation: 

Detailed explanation-1: -The new ₹50 denomination banknotes in the Mahatma Gandhi (New) Series bear signature of the Governor, Reserve Bank of India. The note has motif of ‘Hampi with Chariot’ on the reverse, depicting the country’s cultural heritage.

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

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 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. Q.

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