Solved UPSC CDS/OTA Question
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Q · RBI and Its PoliciesMedium · 45s
Which section of the RBI Act empowers it to issue currency notes?
TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Section 22 of the RBI Act, 1934, gives the RBI the sole right to issue currency notes in India.
Final Answer: Option A - Section 22