22 September 2012
The Reserve Bank estimates the demand for banknotes on the basis of the growth rate of the economy, the replacement demand and reserve stock requirements by using statistical models/techniques.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 September 2012
Means Demand May not be Accruate Calculate. Then RBI Can Issue Currency by Wrong Calculation Also. Its Effect Currency get down comparing to other say dollor.