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Banking Sample Paper IBPS PO (Main) Sample Test Paper-2

  • question_answer
    Statement: The Reserve Bank of India has decided to print new Rs. 200 notes. The Rs. 200 notes are being printed in a government owned facility and carry several advanced features.
    Which of the folio-wing will be an advantage of the above decision .taken by the RBI?

    A)  People will not have to carry bigger notes while going for shopping.

    B)  ATMs in the country need to be upgraded for the adjustment of new notes.

    C)  The rupee will become stronger in international markets compared to other currencies.

    D)  People will find it difficult to get the change of Rs. 200 notes in the market.

    E)  People in the country are happy with the smaller-denomination note.

    Correct Answer: A

    Solution :

    Printing of new notes by the RBI will help the people carry smaller-denomination notes while going for shopping, It also helps the seller give change to buyers. So. (a) is a valid answer.


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