Question
In India, one-rupee coins and notes and subsidiary coins are issued by
Answer: Option B
Answer: (b)
The responsibility for coinage lies with the central government on the basis of the Coinage Act, 1906.
The designing and minting of coins in various denominations are decided by the Central government. Except for one rupee note & coin, all the currencies are minted by RBI.
In one rupee note, the RIB signature of the RBI Governor of currency is held in 4 places Hyderabad, Mumbai, Kolkata & Noida.
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Answer: (b)
The responsibility for coinage lies with the central government on the basis of the Coinage Act, 1906.
The designing and minting of coins in various denominations are decided by the Central government. Except for one rupee note & coin, all the currencies are minted by RBI.
In one rupee note, the RIB signature of the RBI Governor of currency is held in 4 places Hyderabad, Mumbai, Kolkata & Noida.
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