Reserve Bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as follows:

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Reserve Bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as follows:

1.Minimum Reserve System

2.Proportional Reserve System

3.Maximum Fiduciary Issue system

4.Simple deposit system

Posted Date:-2023-12-04 05:20:20

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