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What are the criteria for printing currency by reserve bank of India?
Wiki User
∙ 13y ago
Based on the gold reserves and balance of payment
Wiki User
∙ 13y ago
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Who is responsible for designing and printing of coins in India?
Government of India RBI (Reserve Bank of India) issues currency notes only
Who is authorized to release currency in India?
The Planning Commission (except one rupee coins and notes)
India's neighbouring countries and their currencies?
The currency used in India is the Rupee. The currency is distributed by the Reserve Bank of India and is available in several denominations such as 5, 10, 20, 50, 100, 500, and 1,000.
Reserve bank of india has power to print currency notes of rupees upto?
It has the power to print currency notes of up to 10,000 rupees.
When was one rupee coin is minted first time in India?
one rupee is a token currency and the other higher notes are backed bu multiples of rupee.
Who is responsible for designing and printing of coins in India?
Government of India RBI (Reserve Bank of India) issues currency notes only
Who signed the currency of Rs1000 of India?
governor, reserve bank of india
Where currency paper is made?
The currency paper is made by the reserve bank of india
Who can issue banknotes in India?
The issue of currency in India is controlled by the Reserve Bank of India.
Who is the authority that issues the currency notes and coins in India?
The Reserve Bank of India is the governing body that issues currency notes and coins in India. the currency is India Rupee (INR)
Who has the sole right to issue paper currency in India?
Reserve Bank of India (RBI)
Who is authorized to release currency in India?
The Planning Commission (except one rupee coins and notes)
Who publish Report On Currency And Finance In India in every financial year?
Reserve Bank of India
Who issues currency notes in India on behalf of central government?
Reserve Bank of India(RBI)
India's neighbouring countries and their currencies?
The currency used in India is the Rupee. The currency is distributed by the Reserve Bank of India and is available in several denominations such as 5, 10, 20, 50, 100, 500, and 1,000.
What is currency chest?
A currency chest is a branch of bank in India. There are several different currency chests there and are used to store notes and coins for the reserve banks.
What enables the government to make up a budget deficit?
Deficit financing is defined as financing the budgetary deficit through public loans and creation of new money. Deficit financing in India means the expenditure which in excess of current revenue and public borrowing. The government may cover the deficit in the following ways.By running down its accumulated cash reserve from RBI.Issue of new currency by government it self.Borrowing from reserve bank of India and RBI gives the loans by printing more currency notes.
