GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs. 1,000
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Rs. 5,000
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Rs. 10,000
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Rs. 50,000
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Detailed explanation-1: -The correct option is D 10, 000. Q. The RBI prints all currency notes including the one rupee denomination notes.
Detailed explanation-2: -They are part of the series of discontinued Indian Rupee banknotes. In 1949, the Reserve Bank of India began printing these 10000 Indian Rupee banknotes, which were taken out of circulation in 1978. The Rs 10, 000 banknote was once India’s biggest denomination currency.
Detailed explanation-3: -Detailed Solution. The correct answer is Rs. 10, 000.
Detailed explanation-4: -The rupee is subdivided into 100 paise (singular: paisa), though as of 2023, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India.