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Indian Currency Notes above one rupee de...

Indian Currency Notes above one rupee denominations are issued by

A

Reserve Bank of India

B

Ministry of Finance

C

State Bank of India

D

Government of lndia

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Knowledge Check

  • The one rupee note and coins are issued by :

    A
    RBI (Central Bank)
    B
    Commerical Bank
    C
    Ministry of Finance
    D
    Central Governmet

  • Currency notes and coins of one rupee and lower denominations are issued by the ___________.

    A
    State Bank of India
    B
    Government of India
    C
    Reserve Bank of India
    D
    Ministry of Finance

  • Currency notes and coins are called Fiat money because

    A
    they do not have intrinsic value like gold or silver
    B
    they are made on special imported paper
    C
    they are printed by government
    D
    they exchange for goods and services

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