RBI Functions – Currency Administration

31. How many languages are there on Indian banknotes?

a) 10

b) 12

c) 16

d) 22

32. What is the function of RBI in relation to dismantling old and damaged currency notes?

a) Recycling the destroyed notes

b) Shredding the destroyed notes

c) Re-issuing the destroyed notes

d) All of the above

33. Which of the following is not included in RBI’s foreign exchange reserves?

a) Gold reserves

b) Foreign currency assets

c) Special Drawing Rights

d) Indian Rupee coins

34. Who designs the Indian banknotes?

a) Ministry of Finance

b) President of India

c) Prime Minister of India

d) RBI

35. What is the main objective of RBI’s monetary policy?

a) Controlling inflation

b) Promoting economic growth

c) Maintaining exchange rate stability

d) All of the above