What is NOT true with regard to Currency Chests in India?$?

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

They are managed by different banks on behalf of RBI

TuteeHUB · Answer

Deposits in Currency Chests are taken into account for calculation of CRR (Cash Reserve Ratio)

TuteeHUB · Answer

Standard Chartered Bank a Foreign Bank also maintains Currency Chest

TuteeHUB · Answer

None of the above

1.	What is NOT true with regard to Currency Chests in India?$?
A.	They are managed by different banks on behalf of RBI
B.	Deposits in Currency Chests are taken into account for calculation of CRR (Cash Reserve Ratio)
C.	Standard Chartered Bank a Foreign Bank also maintains Currency Chest
D.	None of the above
Answer» E.

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