WBCS.LIVE practice question

The responsibility for printing currency notes in India lies in the hand of

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Ministry of Finance
  2. Prime Minister’s office
  3. Reserve Bank of India
  4. State Bank of India

Correct answer and explanation

Correct answer: Reserve Bank of India

Explanation: ✅ Correct Answer: C. Reserve Bank of India 📚 Explanation: The Reserve Bank of India (RBI) has the sole authority to issue and print currency notes in India, except for the 1 rupee note. This is done through its specialized printing presses located in various cities. The RBI manages the supply and circulation of money to maintain economic stability. The 1 rupee note is unique as it is issued by the Ministry of Finance.