Under the minimum reserve system, the Reserve Bank of India as the sol – McqOptions

MCQOPTIONS

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

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