Question

14. Which bank has the power to issue bank notes
(a) Central bank
(b) Commercial bank
(c) Co-operative bank
(d) Foreign bank
15. Which bank is not a Industrial Bank
(a) ICICI
(b) HSBC
(c) SIDBI
(d) IDBI​

Answer 1

Answer:

central bank has power

Explanation:

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Answer 2

Answer:

Question

14. Which bank has the power to issue bank notes

Ans (a)Central Bank

Since November 8, 2016, of course, the role of the RBI as the issuer of bank notes has come into prominence. The RBI has the sole right to issue bank notes (Section 22).

15. Which bank is not a Industrial Bank

Ans (b) HSBC

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