GK
BANKING AWARENESS AND SEBI
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Governor, RBI
|
|
|
Governor, SBI
|
|
|
Finance Minister
|
|
|
Finance Secretary
|
Detailed explanation-1: -Under Section 22 of the Reserve Bank of India Act, RBI has the sole right to issue currency notes of various denominations except one rupee note. The One Rupee note is issued by the Ministry of Finance and it bears the signatures of the Finance Secretary.
Detailed explanation-2: -The notes bear the signature of Dr. Bimal Jalan, Governor of the Reserve Bank. The length of the note is 177 mm and the width is 73 mm. The notes are printed in a combination of offset and intaglio processes.
Detailed explanation-3: -Manmohan Singh was the Governor of RBI(from 1982 to 1985) who later on became the Prime Minister of India. As a governor of RBI, his signature can be found on the notes that were printed during his tenure as RBI Governor.