Question

Which monetary function of RBI relates to printing and issuing currency notes?

• A. Banker to Government
• B. Credit control
• C. Issue of currency notes
• D. Custodian of foreign exchange

Answer 1

Answer:

C. Issue of currency notes

RBI is the sole authority to issue all currency notes in India (except the ₹1 note issued by the Government of India). This function ensures adequate supply of currency in the economy to meet transactional needs.