Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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 / richie

THE One Rupee Note signifies one unit measure of currency
note consisting of 100 paise which can be determined and
decided by the Government of India ONLY. The RBI prints
currency notes using this unit measure.
for eg. if the RBI wants to print a Rs.5/- note, it has to
accept the determined value of Rs.5/- as Re.1 X 5.

Is This Answer Correct ?    38 Yes 23 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is 'saving bank account'?

1058


What are NPA, how can you use technical knowledge in correcting the balance sheet?

1278


What is the difference between GDP and GNP?

1123


what are the fundamental reasons behind the present worldwide economic downturn?

2403


Do you know why SBI is different from other banks?

1151


What Is Bankruptcy?

1055


Name the CM and Governors of all states.

1056


What are the differences between cost accounting and financial accounting?

943


Which was the first indian bank to set up internet kiosk?

1053


ipls send me the type of interview questions asked in andhra bank clerical interview

2327


Define BPL?(explain in terms of numerical values-refer to planning commission website)

1088


What is working capital and how is it calculated?

988


What is the role of technology in banking sector?

1052


Describe the difference between being a manager and a leader and a follower?

1077


How do you deal with different stakeholders?

1057