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Currency - Bank: 7:27 PM 0 Comments Currency and Its Importance GK 2009-10 India's Bank List Rbi Statebankofindia
Currency - Bank: 7:27 PM 0 Comments Currency and Its Importance GK 2009-10 India's Bank List Rbi Statebankofindia
The first one paisa coin under the decimal system was issued in
i) August 1947 ii) January 1950 iii) March 1962 iv) January 1948
Currency notes of RBI are backed by certain assets. These assets must not be less than a
prescribed amount of
i) Gold ii) Government Securities iii) Gold, Foreign and Government Securities iv) Gold
and foreign securities
Inflation implies
i) rise in budget deficit ii) rise in money supply iii) rise in prices of consumer goods iv)
rise in general price index
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