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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Choose the Correct Answer. Which bank has the power to issue banknotes?

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Question

Choose the Correct Answer.

Which bank has the power to issue banknotes?

Options

  • Central bank

  • Commercial bank

  • Co-operative banks

  • Foreign banks

MCQ
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Solution

Central bank

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Chapter 10: Reserve Bank of India - Exercises [Page 95]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 10 Reserve Bank of India
Exercises | Q I. 1. | Page 95
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