NEW DELHI: Finance Minister Arun Jaitley said on December 19 no questions would be asked if any amount of demonetised currency is deposited at one go but repeated deposits might raise queries.Yet, depositors are being subjected to a veritable inquisition at some banks Everyone who wants to deposit more than Rs 5,000 in demonetised notes in a bank account must fill in a form that asks the depositor two questions—Why the amount could not be deposited earlier, and what is your source of funds? This form-filling process is a requirement we found by personally visiting a bank.As per the RBI notification released yesterday, the depositor must answer these questions in the presence of at least two bank officials. The money will be credited in the account only if the officials find the answers satisfactory.The sudden tightening of operational procedures comes along with the RBI's December 19 guideline that scrapped currency notes above Rs 5,000 in value could be deposited in banks till December 30 only at one go.The form also asks the depositor to sign a declaration stating, "I understand that the SBN's [specified bank notes; the scrapped currency, that is] up to Rs 5,000 in value deposited across the counter will be allowed until December 30."The new form is the result of the RBI's December 19 notification which said, "Tenders of SBNs in excess of Rs 5,000 into a bank account will be received for credit only once during the remaining period till December 30, 2016. The credit in such cases shall be afforded only after questioning tenderer, on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier and receiving a satisfactory explanation. The explanation should be kept on record to facilitate an audit trail at a later stage."The RBI had said deposits up to Rs. 5,000 in scrapped currency across the counter would be credited to bank accounts in the normal course until December 30, 2016. Even when deposits smaller than Rs. 5,000 are made in an account and taken together on cumulative basis exceed Rs 5,000 they might be subject to the procedure to be followed in case of tenders above Rs 5,000, with no more tenders being allowed thereafter until December 30.So contrary to statement made by government yesterday that no questions will be asked if one deposits old currency worth more than Rs 5000 at one go, we found that questions stated above, and shown in the image below in this article, are still being asked at some banks.