Which of th following system is followed by the Reserve Bank of India for issuing currency? Option 1: Proportionate system. Option 2: Minimum Reserve System. Option 3: Simple Deposit System. Option 4: Fixed fiduciary issue System.

The answer is 'Minimum Reserve System.'. View full solution:

CUET Economics - Which of th following system is followed by the Reserve Bank of India for issuing currency? | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Macro

Medium

Proportionate system.

Minimum Reserve System.

Simple Deposit System.

Fixed fiduciary issue System.

✅ Correct Option: 2

Related questions:

30 May Shift 2

Arrange the following in ascending order in respect of evolution of money.

(A) Coin exchanges.

(B) Barter exchanges.

(D) Paper currency.

Choose the correct answer from the options given below:

13 May Shift 1

Money deposited in the banks are considered ______________ of the banks.

CUET Economics 2023 Slot 3

When in the Economic, Bank rate decrease, Arrange the following statements relating to change in bank rate in the sequencing order :

(A) Loans taken by commercial bank become cheaper

(B) Increases money supply

(D) Reserves held by commercial banks increases

Choose the correct answer from the options given below :