What is Issue of special bank notes and special one rupee notes in certain cases? Section 28A of Reserve Bank of India Act 1934
(1) For the purpose of controlling the circulation of bank notes without India, the Bank may, notwithstanding anything contained in any other provision of this Act, issue bank notes of such design, form and material as may be approved under sub-section (3) (hereinafter in this section referred to as special bank notes) of the denominational values of five rupees, ten rupees and one hundred rupees.
(2) For the purpose of controlling the circulation of Government of India one rupee notes without India, the Central Government may, notwithstanding anything contained in any other provision of this Act or in the Currency Ordinance, 1940 (Ord. 4 of 1940), issue Government of India notes of the denominational value of one rupee of such design, form and material as may be adopted under sub-section (3) (hereinafter in this section referred to as special one rupee notes).
(3) The design, form and material of the special bank notes shall be such as may be approved by the Central Government after consideration of the recommendations made by the Governor and of the special one rupee notes shall be such as the Central Government may think fit to adopt.
(4) Neither the special bank notes nor the special one rupee notes shall be legal tender in India.
(5) The special one rupee note shall be deemed to be included in the expression "rupee coin" for all the purposes of this Act except section 39, but shall be deemed not to be a currency note for any of the purposes of this Act.
(6) Where a special bank note is on its face expressed to be payable at a specified office or branch of the Bank, the obligation imposed by section 39 shall be only on the specified office or branch and, further, shall be subject to such regulations as may be made under this section.
(7) The Bank may, with the previous sanction of the Central Government, make regulations to provide for all matters for which provisions is necessary or convenient for the purpose of giving effect to the provisions of this section, and, in particular, the manner in which, and the conditions or limitations subject to which-
(i) bank notes and one rupee notes in circulation in any country outside India may be replaced by special notes issued under this section;
(ii) any such special notes may be exchanged for any other bank notes or one rupee notes.
Section 21 - Bank to have the right to transact Government business in India
Section 21A - Bank to transact Government business of States on agreement
Section 22 - Right to issue bank notes
Section 24 - Denominations of notes
Section 25- Form of bank notes
Section 26 - Legal tender character of notes
Section 26A - Certain bank notes to cease to be legal tender
Section 27 - Re-issue of notes
Section 28 - Recovery of notes lost, stolen, mutilated or imperfect
Section 28A - Issue of special bank notes and special one rupee notes in certain cases
Section 29 - Bank exempt from stamp duty on bank notes
Section 30 - Powers of Central Government to supersede Central Board
Section 31 - Issue of demand bills and notes
Section 33 - Assets of the Issue Department
Section 34 - Liabilities of the issue department
Section 35 - Initial assets and liabilities
Section 36 - Method of dealing with fluctuations in rupee coin assets
Section 37 - Suspension of assets requirements as to foreign securities
Section 38 - Obligations of Government and the Bank in respect of rupee coin
Section 39 - Obligation to supply different forms of currency