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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.
According to 4th Advance estimate for 2021-22 of agriculture crops, the total food grain production has been estimated to be
The management of Stem fly- a pest of maize, can be managed by using ______ neem seed kernel extract.
How can the "Report Fish Disease" app potentially benefit fish farmers in terms of their income?
The great Irish famine was caused by
Lady bug is a predator of:
Which organization provides the list of agriculture products that are banned or restricted for import/export in India?
Which of the following statements is/are true about soil pH and nutrient availability?
Statement A: Most essential plant nutrients are readily av...
Central Warehousing Corporation(CWC) is a premier warehousing agency in India, established during:
What is the minimum requirement from farmer under Paramparagat Krishi Vikas Yojna and what is the amount of assistant provided by the govt /acre ?
Which of the following can control of white rust in rapeseed and mustard crops?