alleryIn India, the authority to issue currency notes (except ₹1) is vested with:
AParliament
BSBI
CFinance Ministry
DReserve Bank of India
Answer & Solution
Correct answer: D. Reserve Bank of India
RBI is the sole authority to issue currency notes (₹2 and above).
The Government of India issues ₹1 notes and all coins.
Currency in circulation must be authorized by law — this is what makes it legal tender.
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