GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Reserve Bank of India (RBI) has decided to issue ____denomination coins to commemorate International Yoga Day which is being observed every year on 21 June.
A
1 rupee
B
5 rupee
C
10 rupee
D
100 rupee
Explanation: 

Detailed explanation-1: -Now with the UN declaration to adopt and celebrate 21st, June as International Day of Yoga, global community is once again looking at yoga. 21st June was declared as the International Day of Yoga on 10TH December 2014 by the United Nations consequent to the bill mooted being supported by more than 175 member countries.

Detailed explanation-2: -Yoga is a physical, mental and spiritual practice which originated in ancient India. The Indian Prime Minister Narendra Modi, in his UN address in 2014, had suggested the date of June 21, as it is the longest day of the year in the Northern Hemisphere and shares a special significance in many parts of the world.

Detailed explanation-3: -However, there cannot be banknotes in denominations higher than ten thousand rupees in terms of the current provisions of the Reserve Bank of India Act, 1934. Coins can be issued up to the denomination of Rs 1000 in terms of The Coinage Act, 2011.

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