Economics · Banking and Currency
Under the Minimum Reserve System of note issue, the Reserve Bank of India must maintain a minimum gold reserve worth how many rupees?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 515 crore
- 2Rs. 200 crore
- 3Rs. 115 crore✓
- 4Rs. 85 crore
Correct answer
Rs. 115 crore
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