What does RBI do if a Re.1 note is issued by Government of India?

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Question:
What does RBI do if a Re.1 note is issued by Government of India?

1.RBI put into circulation

2.RBI object the issuance

3.RBI asks banks to not to support for circulation

4.RBI converts Re.1 in to higher denomination of Rs.10 and more

Posted Date:-2021-10-25 14:25:32

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