24 - RBI Functions - Currency Administration

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on RBI Functions – Currency Administration for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

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1).
In how many languages is the amount is written on the bank note?
2).
In which year the Paper Currency Act was passed?
3).
When was the currency function moved from Controller of Currency to RBI?
4).
When was the decimalization of the coinage done in India?
5).
Who undertakes the distribution of one rupee notes and coins and small coins all over the country?
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