RBI Functions – Currency Administration

11. Which currency does RBI use for currency swap arrangements with other central banks?

a) Indian Rupee

b) US Dollar

c) Euro

d) Japanese Yen

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12. What is the minimum denomination of currency note issued by RBI?

a) Rs. 10

b) Rs. 20

c) Rs. 50

d) Rs. 100

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13. Which committee recommended the implementation of demonetization in 2016?

a) Urjit Patel Committee

b) Fazal Ali Committee

c) Raghuram Rajan Committee

d) Shaktikanta Das Committee

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14. What is the name of the currency printing press operated by RBI?

a) Bharatiya Reserve Bank Note Mudran Pvt. Ltd.

b) Bharatiya Currency Note Printing Pvt. Ltd.

c) Reserve Bank of India Note Printing Pvt. Ltd.

d) Reserve Bank of India Currency Printing Pvt. Ltd.

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15. What is the main objective of RBI’s currency management policies?

a) Ensuring availability of adequate currency in circulation

b) Controlling counterfeiting of currency

c) Promoting financial inclusion

d) All of the above

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