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The Coinage Act, 2011, allows issue of c...

The Coinage Act, 2011, allows issue of coins up to the denomination of ₹______ in India.

A

1000

B

500

C

100

D

5000

Text Solution

Verified by Experts

The correct Answer is:
A
The Coinage Act, 2011, allows issue of coins up to the denomination of ₹ 1000 in India. Coins in India are minted as per the Coinage Act,2011. RBI prints the currency notes as per the provisions of the Reserve Bank of India, Act 1934.
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