Q348
What is NOT true with regard to Currency Chests in India?
A.
They are managed by different banks on behalf of RBI
B.
Deposits in Currency Chests are taken into account for calculation of CRR (Cash Reserve Ratio)
C.
Standard Chartered Bank a Foreign Bank also maintains Currency Chest
D.
None of the above
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board