Economics · Monetary Policy
Out of the total Rs 200 crore minimum reserve maintained by the RBI, what is the maximum component value that can be held in foreign securities when gold is kept at its statutory minimum of Rs 115 crore?
- 1Rs 105 crore
- 2Rs 95 crore
- 3Rs 85 crore✓
- 4Rs 75 crore
Correct answer
Rs 85 crore
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