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Statewise GK · Q484

Madhya Pradesh GK

Competitive Exams · Statewise GK · question 484

Q484

Which of the following is true for 'New bank paper unit'?

A.
Established in Hoshangabad Madhya Pradesh
Answer
B.
It can produce only notes of Rs. 2 and Rs. 1
C.
It can produce only Rs. 1 note
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Established in Hoshangabad Madhya Pradesh is true for 'New bank paper unit'. Union Finance Minister Arun Jaitley inaugurated the New Bank Note Paper Line unit of 6000 metric ton capacity at Security Paper Mill in Hoshangabad in Madhya Pradesh. He also flagged off the first consignment of one thousand rupee bank notes made indigenously from this paper mill to the Currency Note Press Nasik.