The Reserve Bank of India has announced an increase in the incentives given to commercial banks for the distribution of coins per bag. What will be the new incentive per bag?

• A. Rs 65
• B. Rs 35
• C. Rs 45
• D. Rs 55

Answer: (A)

The Reserve Bank of India has increased the incentive that it gives to the banks for the distribution of coins over the counter from Rs 25/bag to Rs 65/bag of coin.