Banking General Awareness Money Market and Capital Market Question Bank Practice Questions - Money Supply

  • question_answer
    The approved assets against which currency notes are issued by RBI comprise of

    A)  gold coin and billion and rupee coin

    B)  foreign securities and Government of India rupee securities of any maturity

    C)  bills of exchange and promissory notes payable in India which are eligible for purchase by RBI

    D)  All of the above

    E)  None of these

    Correct Answer: D


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