SBI Junior Associates Model Paper 11

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Question : 11 of 199

Marks: +1, -0

Regarding Indian Currency the statements relating to RBI given. Pick the incorrect one?

It issues Rs.2 and above paper currency till Rs.1000 paper currency now.
It was given power to issue the paper currency denomination up to Rs.10,000.
It issues Rs.1 also.
Coins Mint by Government of India
It acts as the Government's agent for issue and distribution of coins.

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