Q. With reference to the Reserve Bank of India (RBI), which of the following are functions of currency chests?- Currency Printing
- Exchange of soiled currency notes
- Currency Distribution
Select the correct option from the codes given below:
Answer:
2 & 3
Notes: Currency chests are managed by commercial banks for RBI to ensure smooth distribution of currency and to provide exchange for soiled or mutilated notes. Currency printing is exclusively done by designated printing presses, not by currency chests. Major functions include currency distribution and exchange of soiled notes, not currency printing.