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The Reserve Bank Of India is not responsible for?
20. The Reserve Bank Of India is not responsible for?
- Printing of Notes
- Foreign Currency Custodian
- Credit Controller
- Issuance Of Coins
Answer: D) Issuance Of Coins
Explanation:
Regarding coins, the job of the Reserve Bank Of India is restricted to the circulation of coins that are provided by the Government of India. The Government of India is answerable for the planning and stamping of coins in different divisions according to the Coinage Act, 2011.