banking service chronicle

banking service chronicle
banking service chronicle

Tuesday, 30 May 2017

Dena bank po mock test

Q.Reserve Bank of India (RBI) and other commercial banks spend Rs ___________ crore every year on currency management operations.
A. 22,000
B. 21,000
C. 25,000
D. 18,000
Answer: Option B

Explanation:

National Institution for Transforming India (NITI) Aayog CEO Amitabh Kant confirmed that the Reserve Bank of India (RBI) and other commercial banks spend Rs 21,000 crore every year on currency management operations. The objective of the NITI Aayog is to increase the adoption and use of digital payments in India.

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