Question
The present monetary system in India is?Â
Solution
The relationship between currency issued and its reserve backing is usually done on the basis of a reserve system. Currencies are issued by the RBI with the backing of reserves comprised of gold and foreign exchange (foreign currencies). Since 1956 the RBI follows Minimum Reserve System at present. Under the Minimum Reserve System, the RBI has to keep a minimum reserve of Rs 200 crore comprising of gold coin and gold bullion and foreign currencies. Out of the total Rs 200 crores, Rs115 crore should be in the form of gold coins or gold bullion. Before 1956 India was following Proportional Reserve System. The purpose of shifting to MRS was to expand money supply.
What is Grouped data based on class intervals represented on a graph called?
 Herbicides that are applied and mixed into the soil before crop planting are called ____ herbicides.
Which one of the following statement/ option is correct about the crop rotation?
What percentage of the world's cotton cultivation area does India hold?
Diamond Back Moth (DBM) is a specific insect of which crop?Â
The Chargaff’'s rule (1: 1 stoichiometric ratio of purine and pyrimidine bases) is not followed in organisms having as genetic material.
Kranz anatomy is found in the leaves of
Headquarter of National Horticulture board is located at
Movement of nutrient ions from soil to plant roots by:
Based on mode of organization and functioning groups are classified as:
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