Indian Economy Questions and Answers for Competitive Exams

Question

Under 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 & Explanation

Answer: Option [C]

Read More Economics Solved Questions