Question

    The ‘Currency Chests’ are store-houses where bank notes and rupee coins are clocked on behalf of:

    A State Bank of India Correct Answer Incorrect Answer
    B Public Sector Banks Correct Answer Incorrect Answer
    C Commercial Banks Correct Answer Incorrect Answer
    D Reserve Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Currency chests are usually located at authorized select branches of scheduled banks. These currency chests are store houses of bank notes and rupee coins and are usually established with important branches of Scheduled Commercial Banks.

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