Banking and Financial Institutions

1: Assertion (A). Use of paper money is replaced by plastic money. The future will see the electronic money clearance through satellite networking. Reason (R). RBI is encouraging e-banking.

A.	(A) is false, but (R) is true
B.	(A) is true, but (R) is false
C.	Both (A) and (R) are false
D.	Both (A) and (R) are true
	Answer : D Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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Banking and Financial Institutions

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