Banking · Currency and Note Issue System

Under which system of note issue does the Reserve Bank of India currently issue currency notes?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Proportional Reserve System
2Minimum Reserve System✓
3Maximum Fiduciary System
4Fixed Fiduciary System

Correct answer

Minimum Reserve System

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Under which system of note issue does the Reserve Bank of India currently issue currency notes?

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