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Question
The ______ is the central bank of our country which has the authority to print currency notes.
Options
ICICI
RBI
PNB
HDFC
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Solution
The RBI is the central bank of our country which has the authority to print currency notes.
Explanation:
- Generally, the central bank of a country has the monopoly to issue currency notes.
- Government grants the exclusive right to the central bank to issue notes on its behalf.
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