21. What is the responsibility of RBI in relation to counterfeit currency?
a) Issuing guidelines for detecting counterfeit currency
b) Providing compensation for counterfeit currency
c) Stamping counterfeit currency notes
d) All of the above
22. Which committee recommended the introduction of the Mahatma Gandhi series of currency notes?
a) Bimal Jalan Committee
b) R.K. Talwar Committee
c) Raghuram Rajan Committee
d) Urjit Patel Committee
23. How is the value of Indian Rupee determined?
a) Fixed exchange rate regime
b) Floating exchange rate regime
c) Managed exchange rate regime
d) None of the above
24. Which of the following is not a currency printing press operated by RBI?
a) Nasik
b) Dewas
c) Mysore
d) Belgaum
25. What is the primary legal basis for RBI’s functions in currency administration?
a) Reserve Bank of India Act, 1925
b) Foreign Exchange Management Act, 1999
c) Banking Regulation Act, 1949
d) Reserve Bank of India Act, 1934
