Current Affairs · Currency and Banking Announcements
Consider the following statements regarding the issuing of new currency notes by the RBI: 1. The currency notes carry the signature of the authorized RBI Governor and updated design features. 2. New notes belong to the Mahatma Gandhi (New) Series and immediately render all older notes of that denomination invalid. 3. All older currency notes of the same denomination continue to remain legal tender unless explicitly demonetized. 4. Select scheduled banks are authorized to operate currency chests for distribution. Which of the following statements is/are incorrect regarding general RBI currency issuance rules?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11, 3 and 4
- 22 and 3 only
- 33 and 4 only
- 42 only✓
Correct answer
2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Currency and Banking Announcements MCQs →Want more practice questions on Currency and Banking Announcements?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Currency and Banking Announcements