SarkariPYQ

SSC GD 2019 PYQ — Question 32

SSC GD Constable (English) - 18 Feb 2019 Shift 1 • General Awareness • Q32

Back to paper

Which of the following issues currency notes in India?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. RBI.

  • The Reserve Bank of India has the authority to issue banknotes in India. The RBI, just like other central banks all over the world, changes the design of banknotes from time to time.
  • The Reserve Bank of India has introduced banknotes in the Mahatma Gandhi series since 1996 and has so far issued notes in the denominations of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs,200, Rs.500, Rs.1000 and Rs.2000.