GENERAL KNOWLEDGE

GK

INDIAN POLITICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
One-rupee currency note in India bears the signature of
A
The President of India
B
Finance Minister of India
C
Governor, Reserve Bank of India
D
Finance Secretary of Government of India
Explanation: 

Detailed explanation-1: -T. V. Somanathan is a 1987 batch Indian Administrative Service officer belonging to the Tamil Nadu cadre. He is presently the Finance Secretary of India.

Detailed explanation-2: -Under section 22 of the Reserve Bank of India Act, RBI has sole right to issue currency notes of various denominations except one rupee notes. The One Rupee note is issued by Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of RBI Governor.

Detailed explanation-3: -Reserve bank of India has the sole right to issue currency notes of various denominations except one rupee notes under Section 22 of Reserve bank of India Act. The one rupee note and coins are issued by ministry of finance and it bears the signature of Finance Secretary.

Detailed explanation-4: -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.

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