Which entity is responsible for printing and minting Indian currency notes?

The correct entity responsible for the printing and minting of Indian currency notes is the Reserve Bank of India (RBI). The RBI is the central bank of the country and has the authority to issue currency notes under the Reserve Bank of India Act, 1934. While Bharatiya Reserve Bank Note Mudran (BRBNM) is involved in the actual printing of currency notes, it operates as a wholly-owned subsidiary of the RBI. Therefore, the RBI oversees the entire process and is the final authority.

The other entities mentioned do not have a role in the issuance or minting of currency notes. The National Payments Corporation of India primarily focuses on developing and implementing payment systems, while the Securities and Exchange Board of India is tasked with regulating the securities and capital markets in India. Neither of these organizations has any involvement in currency production. Thus, while BRBNM plays a vital role in printing, the ultimate responsibility lies with the RBI.