Question : Identify the incorrect statement given below:

Option 1: Present currency can work as money as it is a legal tender.

Option 2: Coins held by the public are limited legal tender.

Option 3: Central bank prints currency in India.

Option 4: Central banks do not deal with the general public.

Question : Which of the following public sector enterprises falls under the status ‘Maharatna’?

Option 1: Bharat Sanchar Nigam Limited

Option 2: Hindustan Aeronautics Limited

Option 3: Steel Authority of India Limited

Option 4: Mahanagar Telephone Nigam Limited

Question : The ___________ is responsible for the issue and supply of currency notes in India.

Option 1: Government of India

Option 2: Reserve Bank of India (RBI)

Option 3: Ministry of Finance

Option 4: State Bank of India (SBI)

Question : The Act that is also known as ‘Morley-Minto Reforms’ is:

Option 1: Government of India Act, 1935

Option 2: Indian Councils Act, 1909

Option 3: Rowlatt Act, 1919

Option 4: Government of India Act, 1912

Question : Which of the following is not on the list of Maharatna?

Option 1: Coal India Limited

Option 2: Steel Authority of India Limited

Option 3: Hindustan Petroleum Corporation Limited

Option 4: Bharat Heavy Electrical Limited