Hello and welcome to exampundit . Here are the Expected Questions on Banking & Financial Awareness for SBI PO Mains & Other exams based on the topic Indian Currency. Each time, there will be a new topic on which the EQs will be written.
1. What is the minimum denomination of Coins minted in India? – 50 paise
2. What is the maximum denomination of Coins minted in India? - `10
3. Coins can be issued up to the denomination of ____________. - `1000
4. Who mints the coins in India? – Government of India
5. The coins issued under which act? – The Coinage Act, 2011
6. The banknotes are issued under which act? - RBI Act, 1934
7. What is the minimum denomination of banknotes printed in India? – `1
8. What is the maximum denomination of banknotes can be printed in India? – `10,000
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9. What was the highest denomination note ever printed? - `10,000
10. What is currency paper made of? - cotton and cotton rag
11. Coins are minted in how many cities? – 4
12. Coins are minted in which cities? - Mumbai, Noida, Kolkata and Hyderabad
13. Reserve Bank of India decided to conduct a field trial with one billion pieces of ____ notes made of plastic. - `10
14. Feature of Clean Note Policy – Not to staple the banknotes; Not to write / put rubber stamp or any other mark on the banknotes
15. Who prints the `1 banknotes? – Government of India
Click here for the previous set on NBFCs.
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