GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the followings are against Clean Note Policy of RBI?
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Banks not sorting notes into - Reissuables and Non-issuables - while issuing to public
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Stapling and/or writing on notes
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Issuing Soiled notes to public
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All of the above
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Explanation:
Detailed explanation-1: -Clean Note Policy: RBI The objective of the Reserve Bank’s Clean Note Policy is to give the citizens good quality currency notes and coins while the soiled notes are withdrawn out of circulation.
Detailed explanation-2: -Issuing of coins is not a function of the Central Bank.
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