Economics · Banking and Currency
Under the Minimum Reserve System currently followed by the RBI, what is the minimum total value of assets (Gold and Foreign Securities) that must be maintained at all times?
- 1Rs 115 Crore
- 2Rs 150 Crore
- 3Rs 200 Crore✓
- 4Rs 515 Crore
Correct answer
Rs 200 Crore
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