Consider the following statements
1. Reserve Bank of India can print and issue currency notes of denominations from two rupee notes to ten thousand rupee notes.
2. Reserve Bank of India maintains a separate issue department to look after currency issue.
Which of the statements given above is/are correct?


A) Only 1

B) Only 2

C) Both 1 and 2

D) Neither 1 nor 2

Correct answer:
C) Both 1 and 2



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