Question

the issues of one rupees currency note in India is the liability of the​

Answer 1

Answer:

The Re 1 note has the signature of the Finance Secretary to the government of India. This has been so because the one rupee note was reintroduced as a wartime measure in 1940, issued by the Government of India with the status of a coin. Government of India continued to issue Rupee one notes till 1994.

Answer 2

ANSWER:

One rupee currency note in India is issued by Indian Government.

EXPLANATION:

      The Indian Government issued the one rupee currency, the lowest valued banknote, while all other banknotes are issued by the RBI. Hence the one rupee currency has the Finance secretary's signature rather than the RBI Governor's signature.

       Before the formation and nationalization of RBI, Indian Government used to issue one rupee note; as a convention, it is continued. The RBI issued banknotes has an assurance statement to the bearer in contrast One rupee note has no assurance statement.