50) of note issue system followed in India is :
A. Maximum fiduciary system
B. Minimum reserve system
C. Proportional fiduciary system
D. Fixed fiduciary system
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50) of note issue system followed in India is :
A. Maximum fiduciary system
B. Minimum reserve system
C. Proportional fiduciary system
D. Fixed fiduciary system
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Answer:
50) of note issue system followed in India is :
A. Maximum fiduciary system
B. Minimum reserve system
C. Proportional fiduciary system
D. Fixed fiduciary system
Explanation:
B. Minimum reserve system