Which of the following statements are true?
1. RBI follows Minimum Reserve System for issuing paper currency note.
2. Under Section 22 of the RBI Act, the RBI issues notes.
3. The bill which does not require any acceptance is called Promissory Note.
4. Bank deposit is a non-marketable security.
A. 1, 2 and 4
B. 2, 3 and 4
C. 1, 3 and 4
D. 1, 2, 3 and 4
Answer: Option D
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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