You are on page 1of 3

Q.1.

When was Coins in the denomination of 1 paise, 2 paise, 3 paise, 5 paise, 10


paise, 20 paise and 25 paise have been withdrawn from circulation with no more
legal tender.
ns. effect from !une 30, 2011
Q.2. What are rupee coins"
ns. 1 rupees coins and above
Q.3 Coins can be issued up to the denomination"
ns .1000
Q.# Coins can be issued up to the denomination of $s.1000 under which act"""
ns. Coinage act,2011
Q.5 %pto what ban&note rbi can print"""
ns. 10000
Q.' (he )ne $upee notes issued under""
ns. (he Currenc* )rdinance, 1+#0
Q., Who decides on the figure to be printed on a new note"
ns (he -overnment of .ndia in consultation with the $eserve /an& of .ndia
decided on the design of ban&notes
Q.0 What was the highest denomination note ever printed"
ns 1000011+30 *r.
Q.+. What is currenc* paper made of"
ns Currenc* paper is composed of cotton and cotton rag.
Q.10. Who is responsible for changing the design of coins from time to time"
ns -).
Q.11. Who decides on the 2uantit* of coins to be minted"
ns (he -overnment of .ndia decides on the 2uantit* of coins to be minted on the
basis of indents received from the $eserve /an&.
Q12. Where are notes produced"
ns 3ashi&, 4ewas, 5*sore and 6alboni
Q.13 Where are coins produced"
ns 5umbai, 3oida, 7ol&ata and 8*derabad.
Q.1#. What is soiled note"
ns 4irt* due to usage and also includes a two piece note pasted together wherein
both the pieces presented belong to the same note, and form the entire note.
Q.15. What is imperfect note"
ns. .mperfect ban&note means an* ban&note, which is wholl* or partiall*,
obliterated, shrun&, washed, altered or indecipherable but does not include a
mutilated ban&note.
Q.1'.Can soiled and mutilated ban&notes be e9changed for value"
ns. :es
Q.1,. ll branches of commercial ban&s are authori;ed to ad<udicate mutilated
ban&notes and pa* value under"""
ns. $/. $ules,200+
Q.10. Can .ndian ban&notes be obtained with specific serial numbers"
ns. 3o.
Q.1+.The numeral 500 = 1000 on the 500 and 1000 ban&notes are printed with"
ns. )pticaill* >ariable .n&
Q.20. What is Clean 3otes polic*"
ns. 3ot to staple the ban&notes
3ot to write 1 put rubber stamp or an* other mar& on the ban&notes
3ot to use ban&notes for ma&ing garlands1to*s, decorating pandals and
places of worship or for showering on personalities in social events, etc.

You might also like