Question

Issuing of currency notes is classified under which function of RBI?

• A. Monetary function
• B. Supervisory function
• C. Developmental function
• D. Administrative function

Answer 1

Answer:

A. Monetary function

RBI is the sole authority to issue currency notes in India (except the ₹1 note issued by the Government of India). This function is part of its role in controlling money supply and maintaining economic stability.