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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?
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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 |
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