Economics · Banking in India
Which currency note issuance system was adopted by the Reserve Bank of India after the amendment of the RBI Act in 1956?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Variable Reserve System
- 2Proportional Reserve System
- 3Maximum Reserve System
- 4Minimum Reserve System✓
Correct answer
Minimum Reserve System
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