Section 38: Obligations of Government and the Bank in respect of rupee coin

Q: What does Section 38 of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 38 RBI Act pertains to "Obligations of Government and the Bank in respect of rupee coin". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 38 of The Reserve Bank of India Act, 1934 (RBI Act) governs obligations of Government and the Bank in respect of rupee coin. As verified on 19 May 2026.

Q: Is Section 38 RBI Act still in force?

Yes, Section 38 of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 38 RBI Act?

धारा 38 RBI Act is the Devanagari Hindi reference for Section 38 of the The Reserve Bank of India Act, 1934. Section 38 of The Reserve Bank of India Act, 1934 (RBI Act) governs obligations of Government and the Bank in respect of rupee coin. As verified on 19 May 2026.

Q: What is Dhara 38 RBI Act?

Dhara 38 RBI Act is the Roman Hindi reference for Section 38 of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 38 of The Reserve Bank of India Act, 1934 (RBI Act) governs obligations of Government and the Bank in respect of rupee coin. As verified on 19 May 2026.

Q: How to cite Section 38 of The Reserve Bank of India Act, 1934?

Cite as: "Section 38, 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, § 38 (India).

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Thursday, 21 May 2026

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Section 38 RBI Act (The Reserve Bank of India Act, 1934): Obligations of Government and the Bank in respect of rupee coin | Law on Tips | Law on Tips

Table of Contents

The Reserve Bank of India Act, 1934

Chapter IIICE — ntral Banking Functions

Section 38

Obligations of Government and the Bank in respect of rupee coin

The Central Government shall undertake not to put into circulation any rupees, except through the Bank, and the Bank shall undertake not to dispose of rupee coin other-wise than for the purposes of circulation.