What does RBI do if a Re.1 note is issued by Government of India?

Related MCQs

• Consider these Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat‘ in Devanagari script and ‗RBI‘ alternatively. Statement II – In Rs. 1000 note, the security contains the word ‗Bharat‘ in Devanagari ‗1000‘, and ‗RBI‖.
• Consider these statements:- Statement I – One rupee note is the liability of GOI. Statement II – Two rupee note is the liability of RBI.
• Under which of the following methods of note-issue the RBI issues notes?
• Which country issued first purely plastic note ?
• Consider these statements:- Statement I – RBI decides volume and value of banknotes to be Statement II – RBI decides volume and value coins to be minted.
• When was IDBI delinked from the RBI and taken over by Government of India?
• When the Government of India cannot raise enough financial resources through taxation, it finances its expenditure through various means like borrowing from market, running down its balances with RBI etc. This can be exactly called as
• RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?
• Currency notes issued by RBI are fully covered by:
• Masala bonds are Indian rupee denominated bonds issued in offshore capital markets. The RBI has reduced the minimum tenure of such bonds that an Indian company can, issue to