Why in one rupee note have signature of finance minister?
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Explanation:
One rupee note is signed by the finance secretary of India and it does not have the words " I promise to pay the bearer" since it is already an asset as it is considered as a coin.
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Explanation:
Reasons: RBI as per section 24 of the RBI Act, 1934, is not empowered to issue bank note of denomination one rupee. ... Moreover,One rupee note is signed by the finance secretary of India and it does not have the words " I promise to pay the bearer" since it is already an asset as it is considered as a coin.
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