In India which bank is responsible for printing and circulating the money?
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Answer:
The Reserve Bank of India (RBI) prints and manages currency in India,
Explanation:
Answered by
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Answer:
The Reserve Bank of India (RBI)
Explanation:
Printing of currency notes in India is done on the basis of Minimum Reserve System (MRS). This system is applicable in India since 1956. According to this system, the Reserve Bank of India has to maintain assets of at least 200 crore rupees all the times.
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