Banking General Awareness Money Market and Capital Market Question Bank Practice Questions - Money Supply

  • question_answer
    Which of the following statements is/are correct?
    i. A soiled note is a single numbered note cut into two pieces but on which both the numbers are intact.
    ii. Soiled notes can be tendered only at RBI.
    iii. Clean Note Policy in 2001 was introduced under Section 28 of the Reserve Bank of India Act, 1934.                

    A)  ii only                          

    B)  i and iii

    C)  ii and iii           

    D)  i, ii and iii

    E)  None of these

    Correct Answer: B


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