Module: General Practice
Q13: Which of the following statements regarding the machine processing of banknotes are correct?
Banknotes in denominations of ₹100 and above must not be put into re-circulation without being machine processed for authenticity.
This instruction is applicable only to large bank branches with high daily cash receipts.
This instruction is applicable to all bank branches, irrespective of the volume of daily cash receipt.
This instruction is applicable only to large bank branches with high daily cash receipts.
This instruction is applicable to all bank branches, irrespective of the volume of daily cash receipt.
✅ Correct Answer: B
Notes of ₹100+ must be machine-processed at all branches.
The RBI Rules on Counterfeit Notes allow no exceptions based on branch size or volume.
The RBI Rules on Counterfeit Notes allow no exceptions based on branch size or volume.