Reserve bank of india

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22 September 2012 What is The Criteria of Issuing Currency by RBI.
Need Answer in 2-3 Liner Only.in Layman Style.

CA Lokesh Pokharna

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22 September 2012 RBI issue new currency by depositing gold

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22 September 2012 Gold Only?
From Where RBI Receive Gold.?
Is This Proper Answer?

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CA Lokesh Pokharna

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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

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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.

CA Lokesh Pokharna

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22 September 2012 there is greater chances of fair & nearby estimations in comparison to far away estimations..