Banking General Awareness Money Market and Capital Market Question Bank Practice Questions - Money Supply

  • question_answer
    In terms of Section 24 of the Reserve Bank of India Act, 1934, the Reserve Bank of India may issue bank notes for the maximum  denomination of

    A)  Rs. 500                        

    B)  Rs. 5000

    C)  Rs. 10000                    

    D)  Rs. 1000

    E)  None of these

    Correct Answer: E


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