Arihant Expert Team Solutions for Chapter: Methods of Issuing Notes in India & Indian Currency System, Exercise 1: MULTIPLE CHOICE QUESTIONS

Author:Arihant Expert Team

Arihant Expert Team General Knowledge/General Awareness Solutions for Exercise - Arihant Expert Team Solutions for Chapter: Methods of Issuing Notes in India & Indian Currency System, Exercise 1: MULTIPLE CHOICE QUESTIONS

Attempt the practice questions on Chapter 17: Methods of Issuing Notes in India & Indian Currency System, Exercise 1: MULTIPLE CHOICE QUESTIONS with hints and solutions to strengthen your understanding. Banking Awareness Complete Book For IBPS SBI & RBI Exams solutions are prepared by Experienced Embibe Experts.

Questions from Arihant Expert Team Solutions for Chapter: Methods of Issuing Notes in India & Indian Currency System, Exercise 1: MULTIPLE CHOICE QUESTIONS with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

As per the present rules, RBI can issue the paper currency denomination up to the value of:

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

Who decides the volume and value of banknotes to be printed each year?

 

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

As per the recent RBI report, the average monthly import of Gold in India in 2012-13 were _____.

HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

As per the provisions of the Coinage Act 1906, RBI can issue coins up to the denomination of:

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

All banknotes in India have a silver or green security band with inscriptions (visible when held against the light) of_____.

HARD
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

The Foreign Exchange Management Act (FEMA) was introduced in_____.

MEDIUM
Bihar Cooperative Bank Assistant Manager Mains
IMPORTANT

When did the Money Laundering Act become operational in India?