Under minimum reserve system, how much amount Reserve Bank of India (RBI) was required to keep in gold and foreign exchange reserves?
Under minimum reserve system, how much amount Reserve Bank of India (RBI) was required to keep in gold and foreign exchange reserves?
[A]Rs.200 crore
[B]Rs.220 crore
[C]Rs.222 crore
[D]Rs.280 crore
Rs.200 crore Under minimum reserve system, the Reserve Bank of India (RBI) was required to keep gold and foreign exchange reserves of Rs. 200 crore, of which Rs. 115 crore in gold and Rs. 85 crore in foreign exchange form.