Monday, July 04, 2016

Expected Questions on Banking & Financial Awareness - Indian Currency


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




All these will be given in a PDF before exam.

Click here for the previous set on NBFCs.




Regards



Team ExamPundit

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