3. which agency has the sole right to print
currency. notes on behalf of Government
of India ?
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9
Answer:
Reserve Bank
In terms of Section 22 of the Act, Reserve Bank has the sole right to issue banknotes in India. Section 25 states that the design, form and material of bank notes shall be such as may be approved by the Central Government after consideration of the recommendations made by the Central Board of RBI.
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