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Q.

Who issues currency notes in India?


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a

RBI

b

SBI

c

PNB

d

None of these 

answer is A.

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Detailed Solution

The Reserve bank of India has the sole authority to issue currency notes in the country. The government has given this power only to RBI, as RBI is also known as the central bank of India. It is the apex banking institution which regulates and supervises all banks. It looks at whether all banks are obeying all rules and regulations of  RBI or not. It issues currency notes except one rupee note, issued by the ministry of finance, the government of India.
 
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