Where is printing indian money

Currency management essentially relates to issue of notes and coins and retrieval of unfit notes from circulation. This work is performed through 18 issue offices of the Reserve Bank and a wide network of currency chests, repositories and small coin depots managed by banks and Government treasuries.

The Department has planning division; resource management and remittance of treasure division; note processing and data analysis division; note exchange division; currency chest division; security and discipline cell; inspection follow-up, co-ordination and development division; staff cell, administration division; and forged note vigilance cell and the museum cell. P is Suketi Fossil Park? What is the height of Statue of Unity in Gujarat? Temple of the Emerald Buddha in located is which country?

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Suggested Test Series. Suggested Exams. More General Knowledge Questions Q1. Abc Medium. Abc Large. Some 80 years down the line, India is exploring the possibility of minting money for some of its neighbours, and that too, on a regular basis. The Indian government has recently received requests from undisclosed neighbouring countries to print their currency notes. If the proposal does get all statutory clearances, it will be the first time since Independence that India will print currency notes for other countries.

And why is India suddenly back in circulation? It is well-known that India uses sophisticated technologies for printing currencies. The official confirmed receiving requests from three countries. The government is mulling all options," he said. ETPrime stories of the day Investing Bad bet or value buy? Logistics There is a base, Gati hasn't destroyed itself. Subscribe to ETPrime.

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Measure content performance. Develop and improve products. List of Partners vendors. Your Money. Personal Finance. Your Practice. Popular Courses. Economy Monetary Policy. The Indian government is solely responsible for minting coins.

The RBI is permitted to print currency up to 10, rupee notes. To deter counterfeiting and fraud, the Indian government withdrew the and 1, rupee notes from circulation in