Indian currency notes are printed in which place?
2021
Indian currency notes are printed in which place?
- A.
New Delhi
- B.
Bombay
- C.
Nasik
- D.
Calcutta
Attempted by 5 students.
Show answer & explanation
Correct answer: C
Concept
Indian banknotes (currency notes) are not printed at administrative or financial capitals. Note printing in India is carried out at dedicated, high-security currency presses run by the Government of India and the Reserve Bank of India. Coins, by contrast, are struck separately at the India Government Mints.
Application
Indian currency notes are printed at four presses: the Currency Note Press at Nashik (Maharashtra) and the Bank Note Press at Dewas (Madhya Pradesh), both under the Security Printing and Minting Corporation of India Ltd (SPMCIL), plus two Reserve Bank presses (Bharatiya Reserve Bank Note Mudran Pvt Ltd) at Mysuru (Karnataka) and Salboni (West Bengal). Among the four places offered, the one that is an actual note-printing location is Nashik (Nasik).
Cross-check / Contrast
Nashik (Nasik) — site of the Currency Note Press, one of India's oldest note-printing presses; this is the correct location.
New Delhi — the national capital and seat of government; notes are not printed here.
Mumbai (Bombay) — headquarters of the Reserve Bank of India and the financial capital, but the RBI head office does not print notes.
Kolkata (Calcutta) — home to an India Government Mint that strikes coins, not a currency-note press.