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?
- 10 Answers
- 65483 Views
- College School Exams Tests, Tisco, I also Faced
- E-Mail Answers
Answer Posted / mohammed.k
The one rupee notes are printed by the government of India and signed by the Ministry of finance as the cost of printing one rupee note is "1.14rs" and not 1rs. And so as its cost is more than its value and also its need is important it is printed by the the government of India and signed by ministry of finance.
| Is This Answer Correct ? | 1 Yes | 12 No |
Post New Answer View All Answers
Any idea about 'Freedom of Religion'?
what should be the recommendation of taxation in private company?
What are G-secs?
What are the qualities of a good banker?
what are the benefits of working as an actuary?
What is the difference between prop trading and market-making?
Comment on Aam Aadmi Party?
What is the difference between Direct and Indirect Taxes?Give examples?
What are the features of preference shares?
Do you know why SBI is different from other banks?
Explain ratio analysis and its advantages.
What are the causes that the price of the share goes up and down in daily transaction?
What is the difference between private bank and a nationalized bank?
What Are Various Functions Of Rbi?
What do you understand by the term Black Money?
