Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Which of the following is a correct statement?                   [IBPS 2011]

    A)  SBI is the sole authority to issue and manage currency in India

    B)  A nationalised bank is the sole authority to issue         and manage currency in India.

    C)  A cooperative bank is the sole authority to issue and manage currency in India.

    D)  RBI is the sole authority to issue and manage currency India.

    E)  None of these

    Correct Answer: D


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