Reserve Banks must issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including
A) Handling of government items and foreign instruments
B) Handling of foreign instruments
C) Handling of government items
D) Handling of clearing instruments
Correct Answer:
Verified
Q170: By sending an item to a Reserve
Q171: It is an instrument or promise or
Q172: Cash items' payment proceeds must be available
Q173: By presentation or transmission of an item
Q174: The liability of paying and returning banks
Q176: The Reserve Bank may recover by charging
Q177: The Reserve Bank may recover from the
Q178: Any of the following foreign correspondents for
Q179: Time to bring action against a Reserve
Q180: While Presenting items for payment:
A) A Reserve
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