SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The one rupee note nears the signature of:
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RBI Governor
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President of India
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Finance Minister
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Finance Secretary
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Explanation:
Detailed explanation-1: -The One Rupee note is issued by the Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of Governor RBI.
Detailed explanation-2: -Ministry of Finance is responsible for issuing Re. 1 notes and coins in India. Under Section 22 of the Reserve Bank of India Act, the Reserve Bank of India has sole authority to issue currency notes of various denominations, excluding one rupee note.
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.
There is 1 question to complete.