why one rupee note is signed by the ministry of finance? is
governer has the right to sign this note? is there any
interference by the RBI?
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Answer Posted / arun
as rupess is the currency of our country and only govt has
the authority to issue indian currency it has been signed
ny ministry of finance, all other notes are bearer notes
which are signed by governor.
So when the note of 2 or more then that says that " I
Promoise to pey the bearer the sum of ----- rupees", it
means that the note is actually a promisary note and will
be paid using one rupee note or by coins.
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