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    4. Economy and Banking and Finance Static Concepts
    5. The demand for bank notes is estimated by the Reserve Bank of India (RBI) using which of the followi

    Question

    The demand for bank notes is estimated by the Reserve

    Bank of India (RBI) using which of the following statistics?
    A The growth rate of the economy Correct Answer Incorrect Answer
    B The replacement demand Correct Answer Incorrect Answer
    C Reserve requirements Correct Answer Incorrect Answer
    D Only 1) and 2) Correct Answer Incorrect Answer
    E All 1), 2) and 3) Correct Answer Incorrect Answer

    Solution

    The correct answer is E

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