MCQOPTIONS
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| 1. |
Under the miminum reserve system, the Reserve Bank of India as the sole authority of note issue is required to maintain assets worth not less than |
| A. | 85 crore of rupees |
| B. | 115 crore of rupees |
| C. | 200 crore of rupees |
| D. | 210 crore of rupees |
| Answer» C. 200 crore of rupees | |