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Who decides the quantity of coins to be minted in India?

  • A.the government of India
  • B.RBI
  • C.Either (A) or (B)
  • D.all of the above

Answer: A

It is the government of India.

Coins are issued by the government under the Coinage Act, and it decides the quantity to be minted; the Reserve Bank is only the distributing agent. Notes are the Reserve Bank's, except the one-rupee note, which is the government's.

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