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
Answer: Option D
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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