Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:
Who issues one rupee note in India?
Options:
Reserve Bank of India
State Bank of India
Finance Ministry
Finance Commission
Correct Answer:
Finance Ministry
Explanation:
The Indian 1-rupee note (₹1) is made up of hundred 100 paise. Currently, it is the smallest Indian banknote in circulation and the only one being issued by the Government of India, as all other banknotes in circulation are issued by the Reserve Bank of India.