EXTERNAL BORROWINGS AND FRESH CURRENCY
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2010
WHAT ARE THE CONDITIONS ON THE PRINTING OF EXTRA MONEY?
PLEASE EXPLAIN IN DETAIL.
PLEASE EXPLAIN IN DETAIL.
24 April 2010
Dear Gov can not issue notes without having sufficient reserve of gold. Notes are issued by RBI on putting sufficient margin of gold in their reserve.
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