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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.Β 

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