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Saturday, September 10, 2011

Who signs currency notes in India

The currency of India is Rupee. The Reserve Bank of India under section 22 of “The Reserve Bank of India Act, 1934” has the sole rights to issue Currency notes in India. The currency notes issued by RBI are in denominations of 2, 5, 10, 20, 50, 100, 500 and 1000 and bears the signature of RBI Governor.

Currency Note Signature
Public Domain Image - Property of Government of India

Under section 28 (A) of “The Reserve Bank of India Act, 1934”, only one rupee denominated notes are issued by Central Government. One Rupee note hence bears the signature of Finance Secretary, Government of India.

Signature Currency Notes
Public Domain Image - Property of Government of India
Further Reading:-

2 comments:

  1. under section 22 of RBI 1934,bears the signature of RBI Governor except one rupee note,under section 28(A)bears the signature of Finance Secretary ,Government of India

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