2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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14
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11
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12
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10
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Detailed explanation-1: -According to the Reserve Bank data, the currency in circulation (CIC) in value terms soared from ₹17.74 lakh crore on November 4, 2016, to ₹32.42 lakh crore on December 23, 2022.
Detailed explanation-2: -2. As announced in the Sixth Bi-Monthly Monetary Policy Statement 2018-19 dated February 07, 2019, the Bank Rate stands adjusted by 25 basis points from 6.75 per cent to 6.50 per cent with immediate effect.
Detailed explanation-3: -The value of the currency in circulation (or public holding of cash) stood at ₹ 32.42 lakh crore as on December 23, 2022, according to Reserve Bank data.
Detailed explanation-4: -The note has motif of the Ellora Caves on the reverse, depicting the country’s cultural heritage. The base colour of the note is Greenish Yellow.