36. Reserve Bank of India issues notes under which system?
(1) Maximum Reserve System (2) Minimum Reserve System
(3) Fixed Reserve System
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Answer:
Ans- minimum reverse system
Explanation:
The current system of Indian government to issue notes is “Minimum Reserve System”. Under this policy, the minimum reserves to be maintained in the form of gold and foreign exchange should consists of rupees 200 crore hope this will help you
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Answer:
correct option is (2) minimum resever system
Explanation:
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