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The RBI allowed large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate to a maximum of Rs. ________ per packet

This questions was previously asked in

IBPS PO Mains (26th November 2022)

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Explanation:

Option 3 : 8

The Reserve Bank of India allowed large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate of Rs. 5 per packet of 100 pieces to a higher rate subject to a maximum of Rs. 8 per packet.
For this, only a currency chest (CC) that fulfils the minimum standards will be eligible to be classified as a large modern CC.

By: Parvesh Mehta

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