Question
What system does the Reserve Bank of India adhere to for
the issuance of currency?Solution
The Reserve Bank has the sole right to issue currency notes, except one rupee notes which are issued by the Ministry of Finance. The RBI follows a minimum reserve system in the note issue. Initially, it used to keep 40 percent of gold reserves in its total assets.
___________ is appointed as the interim MD & CEO of Bandhan Bank effective from July 10.Â
Which Indian state passed a bill extending daily working hours for factory workers from 8 to 12 hours?
Who is the recipient of police medal for gallantry of Haryana policemen in 2024?
What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability ...
Who was appointed the first Surveyor General of India in 1815?
Who received the Aster Guardians Global Nursing Award 2024?
Renuka Sagara, also known as Malaprabha reservoir and Navilu Theertha reservoir, is a part of which river Basin?
What is the title of India's first AI-directed film by Sam Bhattacharjee?
Which of the following was recognised by Reserve Bank of India (RBI) as India’s first Self-Regulatory Organization (SRO) for the NBFC-MFIs in 2014?
Which of the following doctrines evolved by the Indian judiciary acts as a specific limitation on the powers of the Parliament to amend the Constitution?