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  • GK - Indian Economy
  • Note issuing dept of RBI should always possess the minimu...
Multiple choice

Note issuing dept of RBI should always possess the minimum gold stock of worth

  1. Rs. 85 crore

  2. Rs. 115 crore

  3. Rs. 200 crore

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The RBI is required to maintain a minimum gold reserve of Rs. 115 crore as part of the assets backing the currency issue.

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