12th Class Economics Sample Paper Economics - Sample Paper-4

  • question_answer
    Which of the following systems is followed by Reserve Bank of India for issuing currency?

    A) Minimum reserve system

    B)   Proportionate system

    C) Fixed fiduciary issue system         

    D) Simple deposit system

    Correct Answer: A

    Solution :

    Minimum reserve system is followed by Reserve Bank of India for issuing currency.


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