Question : In India, which Ministry issues the coins of all denominations?
Option 1: Ministry of External Affairs
Option 2: Ministry of Home Affairs
Option 3: Ministry of Mines
Option 4: Ministry of Finance
Correct Answer: Ministry of Finance
Solution : The correct answer is the Ministry of Finance.
In India, the issuance of coins of all denominations is the responsibility of the Ministry of Finance. The department within the Ministry of Finance specifically responsible for coinage is the Department of Economic Affairs, which manages coin production, design, and distribution through various agencies such as the Security Printing and Minting Corporation of India Limited (SPMCIL) and the Reserve Bank of India (RBI).
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