As per the current provisions of the Reserve Bank of India of Act, 1934, what is the highest denomination of notes RBI can issue?
[A] Rs. 1,000
[B] Rs. 2,000
[C] Rs. 5,000
[D] Rs. 10,000
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As per the current provisions of the Reserve Bank of India of Act, 1934, what is the highest denomination of notes RBI can issue?
[D] Rs. 10,000
In terms of the provisions of the RBI Act 1934, notes in denominations higher than Rs 10000 cannot be issued.
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Explanation:
As per the current provisions of the Reserve Bank of India of Act, 1934, what is the highest denomination of notes RBI can issue?
[D] Rs. 10,000
In terms of the provisions of the RBI Act 1934, notes in denominations higher than Rs 10000 cannot be issued.
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