Home › IBPS Clerk › Banking Awareness › RBI Basics › Soiled notes taken in over the counter must be s…
Soiled notes taken in over the counter must be sent to a:
ACurrency cabinet
BCurrency cupboard
CCurrency chest
DCurrency counter
Answer & Solution
Correct answer: C. Currency chest
1. They may not be reissued to the public.
2. They travel onward to Reserve Bank offices.
3. They are deposited in currency chests.
_Source: RBI Master Direction, Facility for Exchange of Notes and Coins_
Related questions
Which training institute is part of the Reserve Bank?Under 'Banker to banks', RBI maintains banking accounts of all:Coins are minted by the Government of India and put into circulation by:The Deposit Insurance and Credit Guarantee Corporation Act was passed in:The NABARD Act is of the year:The Regional Rural Banks Act was passed in:The Foreign Exchange Management Act, managed by RBI, is of the year:The Credit Information Companies (Regulation) Act was passed in: