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Which of the following statements is/are correct: -

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Question

Which of the following statements is/are correct:

Options

  • ₹1 note is issued by the RBI 

  • Coins are issued by the Government of India

  • Both statements are true

  • Both statements are false

MCQ

Solution

Coins are issued by the Government of India

Explanation:

In India, the Government of India issues coins. The Government of India is solely responsible for minting coins of all denominations.

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