Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is the basis for issuing currency notes. How much RBI
can issue currency notes.

Answers were Sorted based on User's Feedback



What is the basis for issuing currency notes. How much RBI can issue currency notes...

Answer / ankit agarwal

The Reserve Bank estimates the demand for bank notes on the
basis of the growth rate of the economy, the replacement
demand and reserve requirements by using statistical models.
The Reserve Bank decides upon the volume and value of bank
notes to be printed. The quantum of bank notes that needs
to be printed broadly depends on the annual increase in
bank notes required for circulation purposes, replacement
of soiled notes and reserve requirements
A currency note (say a $10 bill) is technically a bearer
promissory note, where in the issuing authority promises to
pay the bearer (one how is holding the money) the value of
$10 whenever demanded. Technically, this means that the
holder of money can get equivalent value in gold.
Then the authorities issued money having full backing of
Gold. This was called the Gold parity or the Gold Reserve
System

Is This Answer Correct ?    44 Yes 25 No

What is the basis for issuing currency notes. How much RBI can issue currency notes...

Answer / rupali pramanik

What is the basis for issuing currency notes. How much RBI
can issue currency notes.

Is This Answer Correct ?    37 Yes 52 No

Post New Answer

More BSRB Clerical Interview Questions

probationary clerical interview results for canara bank are published today(13/08/09).visit http://www.canarabank.com/English/Scripts/RecruitmentResults DetailsNew.aspx?code=1

0 Answers  


what is the revised pay scale of a bank clerk.

1 Answers  


why you want job in bank only ?

2 Answers   State Bank Of India SBI,


hi friends first of all i congratulate all selected candidates selected for interview. If one of u have got call letter for Delhi for 30th April 2010 plz inform me on my email anil.jamalpuria@yahoo.com u also can contact me on 09017785585

0 Answers   State Bank Of India SBI,


Hi, I am a BCOM(HONS.) Graduate.I have been called for sbi clerk interview , so what type of would I face there? as i from commer would I be asked more banking questions. i need the help of u people very much ,so people who have cracked sbi clerk interviews previously plz guide me.many many thanks.....

1 Answers   State Bank Of India SBI,


Any one who is called for interview of dena bank on or before 21.5.2009.......i am called at surat... so any one who is also called from surat.....

10 Answers   Dena Bank,


hi today i attended interview in hyderabad, in interview they had asked some easy and difficult questions, 1)tell me about urself? 2)y joining banking sector? 3what r the different types of shares? 4)what is relation between banks and stock market? 5)what is present share value of sbi? 6)what is the max , min value of shares of sbi in past? 7)what is global warming?which countries r major contributers for global warming? 8)how many seats did trunamul congress won in lok shaba ? 9)what will u do if u have received a fake note from customer? 10)who is president of indian tennis association? 11)how many medals did india won in all olymics together? thats all........ all the best for the people who r attending interview

21 Answers   State Bank Of India SBI,


i have interview on 6th may,i hav character certificate from my school only,i could not manage to collect the certificate from my last college,i m a graduate,will there be a problem?plz suggest........

1 Answers  


hello frnds how are u thanks for sharing ur exprincs of sbi clerical intrvw now intrvws are finishd then could any one tell when will be the result declrd how many seats in delhi delhi circle any thing u know plz guys share bye tc

0 Answers   State Bank Of India SBI,


How should I Prepare for SIB clerk exam? This is the first time Iam going to attend the Bank exam. Please help me for preparing. Where should I get the study material and Last years question with answers. If u have please provide me... Thanking you...

2 Answers   South Indian Bank,


Hey frnz, dis is NEHA JAIN again. can any1 plz tell me the basic category of questions asked in the interview for sbi clerical. like is it related to banking or GK, or smthng else???????? plz do revert.....my mail id is nehajain456@gmail.com

2 Answers   State Bank Of India SBI,


When will be the sbi clerical final results expected to be declared for which written held on 6th july?

23 Answers  


Categories