Banking Banking Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer In terms of Section 24 of the Reserve Bank of India Act, 1934, the Reserve Bank of India may issue bank notes for the maximum denomination of

    A) Rs. 500                       

    B) Rs. 5000

    C) Rs. 10000       

    D) Rs. 1000

    E)  None of these

    Correct Answer: C


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