If a branch cannot adjudicate, payment must follow within:
A60 calendar days
B30 calendar days
C20 calendar days
D40 calendar days
Answer & Solution
Correct answer: B. 30 calendar days
1. The notes go to the linked currency chest branch.
2. A receipt states the probable date of payment.
3. That date cannot exceed 30 calendar days.
_Source: RBI Master Direction, Facility for Exchange of Notes and Coins_
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