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Banking, Currency Mcq Questions

21. Which of the following prints currency notes of the denomination of Rs. 100?
 
  • A. The Indian Security Press, Nasik Road
  • B. The Bank Notes Press, Dewas
  • C. The security Printing Press, Hyderabad
  • D. All the above
Answer: B.
The Bank Notes Press, Dewas
 
22. Regional Rural Banks are designed to work in which of the following ideals?
 
  • A. Work on innovative and adaptive ideals
  • B. Help the targetted groups
  • C. Keep lending rates lower than cooperative institutions
  • D. Work on basics of commercial banks
Answer: B.
Help the targetted groups
 
 
23. Legal Tender Money refers to
 
  • A. Currency notes
  • B. Bills of exchange
  • C. Cheques
  • D. Drafts
Answer: A.
Currency notes
 
24. Money for public utility is issued by the government through consolidated fund of India through
 
  • A. Finance Minister
  • B. RBI Governor
  • C. Finance Secretary
  • D. None of these
Answer: B.
RBI Governor