Railways RRB (Assistant Loco Pilot & Technician) Solved Paper-2 (2014)

  • question_answer
    Who has the Sole Right to issue paper currency in India?

    A)  The Government of India

    B)  The Finance Commission

    C)  The Central Bank of India

    D)  The Reserve Bank of India

    Correct Answer: D

    Solution :

    The sole right to issue paper currency in India is provided to the Reserve Bank of India as every currency note in India except one rupee note has the signature of the Governor of RBI. It also says that I promise to pay the Bearer the sum (any amount).


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