IMPORTANT SECTIONS OF RBI

SECTION - 22 :-
          SOUL RIGHT TO ISSUE BANK NOTE .
SECTION -24 :-
          DENOMINATION OF NOTES WILL BE 2, 5, 10, 20, 50, 100, 500, 1000, 2000, 5000, 10,000              ONLY.
SECTION - 25 :- 
           THE DESIGN OF BANK NOTE IS REQUIRED TO APPROVED  BY GOVERNMENT OF                   INDIA ON THE RECOMMANDATION OF CENTRAL BOARD OF RBI.
SECTION - 33 :- 
           MINIMUM RESERVE SYSTEM 1957 ASSETS OF ISSUE RBI SHOULD NOT BE LESS                       THAN  200 CR. IN WHICH 115 CR. OF GOLD AND 85 CR. OF FOREIGN CURRENCY IS               KEPT.
SECTION -42(C) :- 
           EMPOWERS OF RBI TO ADD OR DELETE THE NAME OF ANY BANK.