RBI Grade B Officers Aug 2014 Paper

Question : 84 of 200

Marks: +1, -0

Which of the following are the primary reasons, cited in the passage, for higher currency holdings?

It is due to large banking network that stashes money.
It is due to absence of banking facilities in majority of villages and tendency to circumvent tax laws for unaccounted money.
People do not believe in banks and fear that government may take their money.
There is lack of awareness among people about savings in banks
None of these

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