Economics · Indian Economy
Under the Minimum Reserve System of note issue, the Reserve Bank of India (RBI) must maintain total foreign exchange and gold reserves worth at least ₹200 crore at all times, out of which the minimum value of gold must be:
- 1₹150 crore
- 2₹125 crore
- 3₹115 crore✓
- 4₹85 crore
Correct answer
₹115 crore
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