Which among the following banks issues currency notes on behalf of the Central Government in India?
(a) RBI
(b) State Bank of India
(c) Bank of India
(d) Central Bank of India
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RBI among the following banks issues currency notes on behalf of the Central Government in India.
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Answer:
option a ) RBI
The Reserve Bank manages currency in India. The Government, on the advice of Reserve Bank, decides on the various denominations.
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