question_answer

The Reserve Bank of India has asked all the banks to install "Note Sorting Machines" in the branches. How will this help banks and the general public? [Allahabad Bank 2010]

(1) The machines will check for counterfeit notes and drop these from circulation.

(2) This will help banks to count the notes quickly and accurately.

(3) This will help in sorting out soiled notes so that they are not reissued by the banks.

A)  Only (2)

B)  Only (1)

C)  Only (3)

D)  Only (1) & (2)

E)  None of these