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  9. Q91

IBPS PO 2011 · Question 91 of 237

Which of the following is a correct statement?

  1. AState Bank of India is the sole authority to issue and manage currency in India.
  2. BA nationalised bank is the sole authority to issue and manage currency in India.
  3. CA cooperative bank is the sole authority to issue and manage currency in India.
  4. DRBI is the sole authority to issue and manage currency in India.Correct
  5. ENone of these

Answer: D. RBI is the sole authority to issue and manage currency in India.

Official answer key verified. Detailed explanation coming soon.

Source: IBPS Common Written Exam PO/MT September 2011 (exampapers247 PDF compilation) · reliable-secondary

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