Question
Consider the following statements:
Which of the statements given above is/are correct?
- The RBI has the power to print currency notes of up to Rs.10,000
- At present, notes of Rs.10, Rs.100, Rs.500 and Rs.1,000 are only printed.
- RBI has recently decided to withdraw from the circulation of currency notes that had been issued prior to 2003.
Which of the statements given above is/are correct?
Answer: Option B
Answer: (b)
At present, notes of Rs. 10, Rs. 100, Rs. 500 and Rs. 1,000 are only printed.
The RBI has decided on 26 June 2015 to withdraw from the circulation of currency notes issued prior to 2005 by June 30, 2016.
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Answer: (b)
At present, notes of Rs. 10, Rs. 100, Rs. 500 and Rs. 1,000 are only printed.
The RBI has decided on 26 June 2015 to withdraw from the circulation of currency notes issued prior to 2005 by June 30, 2016.
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