Examveda
Examveda

Which of the following statements is correct about soiled/mutilated note?

A. All banks are authorized to accept soiled notes across their counters and pay the exchange vale

B. All public senor bank branches and currency chest branches of private sector banks are authorised to adjudicate and pay value in respect of mutilated notes

C. The RBI has also authorised all Commercial Bank branches to treat certain notes in ‘two pieces’ as soiled notes and pay exchange value

D. All of the above

Answer: Option D


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