Structure of RBI

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16. The RBI has the sole right to issue and manage the currency in India. True or False?

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17. What is the highest denomination of currency note issued by the RBI?

a) Rs. 1000

b) Rs. 2000

c) Rs. 5000

d) Rs. 10000

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18. The RBI is also known as the “Banker’s Bank”. True or False?

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19. Who approves the annual report of the RBI?

a) Ministry of Finance

b) Parliament of India

c) President of India

d) Prime Minister of India

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20. What is the currency of India called?

a) Rupee

b) Rial

c) Yuan

d) Euro

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