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    Question

    Which currency is issued by Government of India but put

    in circulation by RBI?
    A 1 Rupee coin and Note Correct Answer Incorrect Answer
    B 5 Rupee coin and Note Correct Answer Incorrect Answer
    C 10 Rupee coin and Note Correct Answer Incorrect Answer
    D 20 Rupee coin and Note Correct Answer Incorrect Answer
    E None Correct Answer Incorrect Answer

    Solution

    Section 38 requires the Government to put one rupee coins and one rupee notes into circulation only through the Reserve Bank. It acts as the sole currency authority under Section 22 for the issue of bank notes. 

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