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  9. Q13

MPPSC (MP PCS) 2012 · Question 13 of 97

RBI issues currency notes against which of the following?

economy

  1. AGold
  2. BForeign security
  3. CGovernment of India security
  4. DAll of the aboveCorrect

Answer: D. All of the above

Explanation

RBI issues currency under the minimum reserve system backed by gold, foreign securities and Government of India securities.

Source: MPPSC Prelims 2012 solved paper from examrace/doorsteptutor

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