Question

How much penalty will be imposed on banks if they refuse to exchange soiled or scribed currency notes from people, according to Reserve Bank of India (RBI)?
[A] Rs. 10,000
[B] Rs. 15,000
[C] Rs. 5,000
[D] Rs. 20,000

Answer 1

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Hᴇʟʟᴏ Dᴇᴀʀ !
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$<b><font color = blue> [A]</b></font>$

Rs. 10,000 penalty will be imposed on banks if they refuse to exchange soiled or scribed currency notes from people, according to Reserve Bank of India (RBI).

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ᴴᴼᴾᴱ ᵀᴴᴱ ᴬᴺˢᵂᴱᴿ ᴴᴱᴸᴾ ᵞᴼᵁ !

Answer 2

How much penalty will be imposed on banks if they refuse to exchange soiled or scribed currency notes from people, according to Reserve Bank of India (RBI)?
[A] Rs. 10,000
[B] Rs. 15,000
[C] Rs. 5,000
[D] Rs. 20,000

Answer: Option A

Explanation:

Rs. 10,000 penalty will be imposed on banks if they refuse to exchange soiled or scribed currency notes from people, according to Reserve Bank of India (RBI).