Expected Questions on Banking & Financial Awareness - Indian Currency
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
Development Precedes Infrastructure: A Pragmatic Approach to India's Growth
India's path to development is a complex journey, with numerous challenges and opportunities. Among the key debates within the nation's development agenda is the sequencing of development vis-à-vis infrastructure. Some argue that a robust infrastructure is the bedrock of development, while others contend that development should take precedence over infrastructure. In this article, we delve into the discourse and advocate for a nuanced perspective - development must precede infrastructure in India. Understanding the Dilemma Infrastructure development is undoubtedly crucial for a nation's progress. Roads, bridges, electricity, and communication networks form the backbone of economic growth, industrialization, and urbanization. However, the manner in which infrastructure is developed is just as important as the infrastructure itself. Unplanned infrastructure projects can lead to environmental degradation, social displacement, and financial burdens. Development Precedes Infrast...
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