Answer: Option A
Answer: (a)
Under Section 22 of the Reserve Bank of India Act, the Bank has the sole right to issue banknotes of all denominations. The distribution of one rupee notes and coins and small coins all over the country is undertaken by the Reserve Bank as an agent of the Government.
The one rupee note is issued by the Ministry of Finance and bears the signature of the secretary. The responsibility for coinage vests with the Government of India on the basis of the Coinage Act, 1906 as amended from time to time.
The designing and minting of coins in various denominations are also attended to by the Government of India.