Foreign Exchange Reserves
Tested in 2 real MPSC questions across 1 year (2015–2015). See it in context on the interactive Concept Graph →
Years it was asked
Real questions that test this
भारतीय रिझर्व्ह बँकेच्या चलन निर्मिती विभागास कायमस्वरूपी किमान किती रुपयाचा सुवर्णसाठा ठेवणे आवश्यक आहे ?
1)85 कोटी ₹
2)115 कोटी ₹✓ Correct
3)200 कोटी ₹
4)वरीलपैकी एकही नाही
Under the Minimum Reserve System (MRS) introduced in 1957, the Reserve Bank of India is required to maintain a minimum gold and foreign exchange reserves of Rs. 200 crores, out of which gold must be worth at least Rs. 115 crores.