Comprehension:
Read the given passage and answer the questions that follow.

Changes in the design and form of bank notes and coins are decided by the Reserve Bank of India (RBI) and the central government. Any change in design of a currency note has to be approved by the RBI’s Central Board and the central government. Changes in the design of coins are the prerogative of the central government.
The RBI’s Department of Currency Management has the responsibility of administering the core function of currency management. According to the RBI website, the Department addresses policy and operational issues relating to the ‘designing of banknotes; forecasting demand for notes and coins; ensuring smooth distribution of banknotes and coins throughout the country and retrieval of unfit notes and uncurrent coins from circulation; ensuring the integrity of bank notes’, etc.
If the design of a currency note has to change, the Department works on the design and submits it to RBI’s Central Board, which recommends it to the central government. The government gives the final approval. The Reserve Bank of India Act, 1934, gives RBI the ‘sole right’ to issue banknotes in India.
In terms of its clean note policy, the RBI provides good-quality banknotes to the public. Notes that are received back from circulation are examined, after which those fit for circulation are reissued, while the soiled and mutilated notes are destroyed.
Two of India’s currency note printing presses (in Nasik and Dewas) are owned by the Government of India; two others (in Mysore and Salboni) are owned by the RBI through its wholly owned subsidiary, Bharatiya Reserve Bank Note Mudran Pvt Ltd (BRBNMPL).
As far as the minting of coins is concerned, the Coinage Act, 2011, gives the central government the power to design and mint coins in various denominations. In the case of coins, the role of the RBI is limited to the distribution of coins that are supplied by the central government. The government decides on the quantity of coins to be minted on the basis of indents received from the RBI on a yearly basis. Coins are minted in four mints owned by the Government of India in Mumbai, Hyderabad, Kolkata and Noida.
SubQuestion No : 78
What is the role of RBI as far as designing and issuing of coins is concerned?