2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1
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5
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20
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1500
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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: -3 Currency in circulation (CiC) includes banknotes and coins. 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: -The Reserve Bank of India (RBI) announced on Monday that from November 1, 2022, it will begin pilot launches of the Digital Rupee (eâ1) for specific use cases. According to the notification, the first Digital Rupee pilot will be in the Wholesale segment (eâ1-W) and will begin on Tuesday.
Detailed explanation-4: -Currency in circulation up 9.9% to over ₹31 lakh cr in FY22: RBI.