Sail E0 Webinar
Question
The ‘Currency Chests’ are store-houses where bank notes and rupee coins are clocked on behalf of
Options:
A .  Commercial Banks
B .  Public Sector Banks
C .  State Bank of India
D .  Reserve Bank of India
Answer: Option D
Answer: (d)
Currency chests are usually located at authorized select branches of scheduled banks. 
These currency chests are storehouses of banknotes and rupee coins and are usually established with important branches of Scheduled Commercial Banks.
They do their function on behalf of the Reserve Bank.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers