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EXTERNAL BORROWINGS AND FRESH CURRENCY

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 April 2010 WHAT ARE THE CONDITIONS ON THE PRINTING OF EXTRA MONEY?
PLEASE EXPLAIN IN DETAIL.
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CA Suresh Kumar Agarwal

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CA Suresh Kumar Agarwal (Expert)
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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