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WBCS Preliminary Examination 2015 — General Studies · Question 176 of 200

Q176
Indian EconomyMoney, Banking & Financial Institutions
The one rupee currency notes of India are issued by
  1. a.The Ministry of Finance, Govt. of India
  2. b.The Reserve Bank of India
  3. c.The State Bank of India
  4. d.None of the above

Answer: (A) The Ministry of Finance, Govt. of India

One rupee currency notes are uniquely issued by the Ministry of Finance, Government of India (not the RBI). They bear the signature of the Finance Secretary, not the RBI Governor. All other denominations (₹2 and above) are issued by the Reserve Bank of India. The one-rupee note is technically a government promissory note, not a banknote.