Signature on Indian currency note

Q.  Whose signature does an Indian currency note bear?
- Published on 13 Feb 17

a. Finance Minister
b. Finance Secretary
c. RBI Governor
d. The President

ANSWER: RBI Governor
 
RBI Governor

The Reserve Bank derives its role in currency management from the Reserve Bank of India Act, 1934.

At present, notes in India are issued in the denomination of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000. These notes are called bank notes as they are issued by the Reserve Bank of India (Reserve Bank).

Under Section 22 of the Reserve Bank of India Act, RBI has sole right to issue currency notes of various denominations except one rupee notes.

The One Rupee note is issued by Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of Governor RBI.

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    Discussion

  • Ranjeet Singh   -Posted on 02 Nov 20
    Very nice
  • arnab   -Posted on 19 Oct 19
    Year2001&2002rs500&1000 will sign the note
  • Sumit   -Posted on 23 Sep 19
    Who is signature of indian currency
  • M.navya    -Posted on 08 Sep 17
    Ist rbi governor hold a sign on indion currency note Please mention governor name

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