Q. ‘Varnika’ Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has been inaugurated in which city?
Answer:
Mysuru
Notes: Governor of Reserve Bank of India (RBI) Shaktikanta Das dedicated Varnika, the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) to the nation in Mysuru.
It is a wholly owned subsidiary of the Reserve Bank of India (RBI). BRBNMPL has set up Varnika with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes. It aims to achieve cost efficiency and reduced import dependency.