Question

    Which among the following states in India has / have

    banknote press run by the Bharatiya Reserve Bank Note Mudran Private Limited?
    A West Bengal Correct Answer Incorrect Answer
    B Karnataka Correct Answer Incorrect Answer
    C Maharashtra Correct Answer Incorrect Answer
    D Both A and B Correct Answer Incorrect Answer
    E All A, B and C Correct Answer Incorrect Answer

    Solution

    The BRBNMPL is a subsidiary of the RBI and it was established in 1995 in order to facilitate the function of banknote production in the country. It is based in Bangalore, Karnataka. There are two banknote presses run by BRBNMPL – one in Salboni and another in Mysore. BRBNMPL is a private limited company registered under the provisions of the Companies Act 1956.

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