Question:
Who recommends demonetization of currency notes to the Government of India?
Who recommends demonetization of currency notes to the Government of India?
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The Reserve Bank of India (RBI) is responsible for managing and regulating the issuance of currency in India.
Updated On: Nov 5, 2025
- World Bank
- International Monetary Fund
- State Bank of India
- Reserve Bank of India
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The Correct Option is D
Solution and Explanation
The Reserve Bank of India advises the Government of India on matters related to currency, including demonetization, based on monetary and economic considerations.
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