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Q: Under the minimum reserve system, the Reserve Bank of India as the sole authority of note issuse is required to maintain  assets worth not less than:

  • 1
    85 crore of rupees
  • 2
    115 crore of rupees
  • 3
    200 crore of rupees
  • 4
    210 crore of rupees
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Answer : 2. "115 crore of rupees"
Explanation :

Answer: B) 115 crore of rupees Explanation:

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