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Banking General Awareness Reserve Bank of India Question Bank Reserve Bank of India Monetary Policy

  • question_answer
    The monetary authority in India, viz RBI is bound to maintain a reserve against the note issued whatever may be the amount, this system is called as ————

    A) MRS

    B) PRS

    C) Maximum fiduciary issue system

    D) Simple deposit system

    E) None of these

    Correct Answer: A

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