why one rupee note is signed by the ministry of finance? is
governer has the right to sign this note? is there any
interference by the RBI?

Answer Posted / annonyms

because the intrensic value(cost incurred in making rs 1 note) of rs 1 is = to its face value.

Is This Answer Correct ?    3 Yes 17 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What Is The Role Of Bank Supervision?

643


What are the limitations of ratio analysis?

637


What is a Reverse Repo Rate? What is SLR Rate?

676


In which year indian banks association (iba) was formed and initially with how many members?

613


What are the objectives of slr?

676






how financial and instututional development affects financing of large and small firms? Are the financing patterns of small firms different from those of the large firms?

1685


What are the things that have to be kept in mind while entering into stock exchange?

585


what are two types of orders issuers may issues in equity trading?

613


what are the main component of bailout funds? what are the limitations of bailout fund?

1937


What Are Accrued Revenues And When Are They Recorded?

566


Will I Have To Go To Court?

663


What requirements does a company need to comply with before accepting the deposits?

592


What do you know about SWOT Analysis?

633


What is 'interest tax'?

613


Which place do you belong? Anything special about it?

693