2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank released the ‘Currency and Finance 2022-23’ report?
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RBI
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SBI
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PNB
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BOB
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Explanation:
Detailed explanation-1: -RBI Annual Report 2022-23: India’s growth momentum likely to sustain in FY24, says central bank.
Detailed explanation-2: -The Reserve Bank has the sole right to issue currency notes, except one rupee notes which are issued by the Ministry of Finance. The RBI follows a minimum reserve system in the note issue. Initially, it used to keep 40 per cent of gold reserves in its total assets.
Detailed explanation-3: -International Monetary Fund-IMF.
There is 1 question to complete.