Section 34: Liabilities of Issue Department

Q: What does Section 34 of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 34 RBI Act pertains to "Liabilities of Issue Department". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 34 of The Reserve Bank of India Act, 1934 (RBI Act) governs liabilities of Issue Department. As verified on 19 May 2026.

Q: Is Section 34 RBI Act still in force?

Yes, Section 34 of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 34 RBI Act?

धारा 34 RBI Act is the Devanagari Hindi reference for Section 34 of the The Reserve Bank of India Act, 1934. Section 34 of The Reserve Bank of India Act, 1934 (RBI Act) governs liabilities of Issue Department. As verified on 19 May 2026.

Q: What is Dhara 34 RBI Act?

Dhara 34 RBI Act is the Roman Hindi reference for Section 34 of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 34 of The Reserve Bank of India Act, 1934 (RBI Act) governs liabilities of Issue Department. As verified on 19 May 2026.

Q: How to cite Section 34 of The Reserve Bank of India Act, 1934?

Cite as: "Section 34, The Reserve Bank of India Act, 1934 (RBI Act)" in legal briefs. For academic writing, use the BlueBook format: The Reserve Bank of India Act, 1934, § 34 (India).

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Thursday, 21 May 2026

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Table of Contents

The Reserve Bank of India Act, 1934

Chapter IIICE — ntral Banking Functions

Section 34

Liabilities of Issue Department

(1)

The Liabilities of the Issue Department shall be an amount equal to the total of the amount of the currency notes of the Government of India and bank notes for the time being in circulation.

***