New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Whoever counterfeits, or knowingly performs any part of

    the process of counterfeiting, any currency-note or bank-note, shall be punished with_______________________
    A Imprisonment for life Correct Answer Incorrect Answer
    B Imprisonment for life and shall also be liable to fine Correct Answer Incorrect Answer
    C Imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine Correct Answer Incorrect Answer
    D Imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine Correct Answer Incorrect Answer
    E Imprisonment for life, and with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine Correct Answer Incorrect Answer

    Solution

    IPC Section 489A. Counterfeiting currency-notes or bank-notes: Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.

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