What is the highest currency and coin that can be issued in India?

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posted Aug 18, 2017 by Kavana Gowda

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1 Answer

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In terms of the provisions of the RBI Act 1934, notes in denominations higher than Rs 10000 cannot be issued. As per the Coinage Act, 1906, coins can be issued up to the denomination of Rs 1,000.

answer Aug 19, 2017 by Reshmi S

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