1. Currency notes deposited in the currency chest are the property of ?
Correct : B. RBI
2. The main business of banks is to accept deposits from the public. However, a bank can refuse to permit opening an account on behalf of
:
Correct : A. Undesirable persons
3. Banks are required to monitor transactions of suspicious nature for reporting to the authorities under anti- money laundering measures. The purpose of reporting is:
Correct : E. All the above
4. Companies whose main business is not
financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
Correct : B. Relatives in the from of loans
5. In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under _ Act