One Rupee notes are issued by the

Question One Rupee notes are issued by the

A) Reserve Bank of India

B) State Bank of India

C) President of India

D) Government of India

Answer: Government of India

Explanation: The one rupee note is printed and issued by the central government. According to Law Ministry Government of India has all the powers to print currency notes of one rupee denomination.

On the other hand Reserve Bank of India (RBI) has the authority to issue bank notes of denominational values of Rs. 2, Rs. 5, Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 500, Rs. 1,000, Rs. 5,000 and Rs. 10,000.

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