Module: General Practice
Q2: Which of the following statements correctly define the condition of currency notes?
A 'soiled note' is a note that has become dirty from normal wear and tear, or is a two-piece note pasted together where both pieces belong to the same note.
A 'mutilated note' is any note that is wholly or partially obliterated, shrunk, or altered.
An 'imperfect note' is a note of which a portion is missing or which is composed of more than two pieces.
A note 'composed of more than two pieces' is classified as a 'mutilated note'.
A 'mutilated note' is any note that is wholly or partially obliterated, shrunk, or altered.
An 'imperfect note' is a note of which a portion is missing or which is composed of more than two pieces.
A note 'composed of more than two pieces' is classified as a 'mutilated note'.
✅ Correct Answer: A
Statement 1 and 4 are correct definitions under RBI Note Exchange Rules.
Statement 2 incorrectly defines 'mutilated' (it describes an 'imperfect note'), and Statement 3 incorrectly defines 'imperfect'. Understanding these distinctions is crucial for applying RBI Note Exchange Rules correctly at the counter.
Statement 2 incorrectly defines 'mutilated' (it describes an 'imperfect note'), and Statement 3 incorrectly defines 'imperfect'. Understanding these distinctions is crucial for applying RBI Note Exchange Rules correctly at the counter.