Question Bank - Banking & Financial Services

Here's the question bank on all the banking & financial services topics.

Which of the following banks has introduced a mobile app, MANI (Mobile Aided NoteIdentifier), to help the visually-challenged people to identify denomination of currencynotes?

A.
PNB
B.
RBI
C.
IDBI
D.
SBI

Solution:

The correct answer is RBI. The Reserve Bank of India (RBI) has launched a mobile app- Mobile Aided Note Identifier (MANI) to help visually-impaired people to identify the denomination of currency notes. RBI said that the visually challenged can identify the denomination of a note by using the application, which can also work offline once it is installed. Through the downloaded app, users can scan the notes using the camera. The audio output will give the result in Hindi and English. The app is available both on Android and iOS operating systems. ?Additional InformationReserve Bank of IndiaIt is the Central Bank of the country. It was established on April 1, 1935, with a capital of Rs. 5 crores. This capital of Rs. 5 crores was divided into 5 lakh equity shares of Rs. 100 each. In the beginning, the ownership of almost all the share capital was with the non-government share-holders. It was nationalized on Jan 1, 1949, as the government acquired the private shareholdings. Governors:Ist Governor - Sir Smith Ist Indian Governor - C. D. DeshmukhCurrent Governor- Shaktikanta Das

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