While the Reserve Bank of India (RBI) has the authority to issue bank notes of denominational values of Rs. 2, Rs. 5, Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 500, Rs. 1,000, Rs. 5,000 and Rs. 10,000, the one rupee note was printed and issued by the central government. The Government of India also has the sole right to mint coins of all denominations.

Correct Option: D

While the Reserve Bank of India (RBI) has the authority to issue bank notes of denominational values of Rs. 2, Rs. 5, Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 500, Rs. 1,000, Rs. 5,000 and Rs. 10,000, the one rupee note was printed and issued by the central government. The Government of India also has the sole right to mint coins of all denominations.

India changed from the rupee, anna, pie system to decimal currency on 1 April 1957. To distinguish between the two, the coins minted between 1957 and 1964 have the legend “Naya Paisa” (“new” paisa).

Correct Option: C

India changed from the rupee, anna, pie system to decimal currency on 1 April 1957. To distinguish between the two, the coins minted between 1957 and 1964 have the legend “Naya Paisa” (“new” paisa).

The Second Plan between years 1956-1961 was focused on development of India by establishing heavy industries under public sector. Total money allotted for this 5-year plan was 48 Billion rupees. The plan followed the Mahalanobis model of economic development.

Correct Option: C

The Second Plan between years 1956-1961 was focused on development of India by establishing heavy industries under public sector. Total money allotted for this 5-year plan was 48 Billion rupees. The plan followed the Mahalanobis model of economic development.

Rashtriya Ispat Nigam Ltd (RINL), on 23 September 2014, filed a draft prospectus with market regulator SEBI for an initial public offering (IPO) through which the government will sell 10 per cent of its stake in the company. The government proposes to raise Rs 43,425 crore through disinvestment in PSUs.

Correct Option: C

Rashtriya Ispat Nigam Ltd (RINL), on 23 September 2014, filed a draft prospectus with market regulator SEBI for an initial public offering (IPO) through which the government will sell 10 per cent of its stake in the company. The government proposes to raise Rs 43,425 crore through disinvestment in PSUs.

The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.

Correct Option: E

The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.