the only power of issuing paper currency is
A.state bank
B.
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Reserve bank of india
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The correct answer to the given question is
B. Central Bank
It is only the Central Bank and not any other bank, namely, State Bank, Commercial Bank, World Bank etc that can issue the paper currency. In India, the prime authority is given to the Reserve Bank of India or RBI for issuing all kinds of notes or paper currencies except the notes and coins of one rupee.
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