Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q6: Which of the following statements regarding the acknowledgement receipt for a counterfeit note are correct?

An acknowledgement receipt in the prescribed format (Annex II) must be issued to the tenderer.




The receipt is to be issued even if the tenderer is unwilling to countersign it.




The receipt must be kept in running serial number.




The receipt must be authenticated by the cashier.
A
1 and 2 only
B
1, 3 and 4 only
C
2 and 3 only
D
All of the above
✅ Correct Answer: D
All statements are correct.
The RBI Rules on Counterfeit Notes dictate that an Annex II receipt is mandatory, aligning with the broader Master Direction on Counterfeit Currency to ensure audit trails.