The RBI established the specialized subsidiary BRBNM in 1995 primarily to produce what?
APaper currency
BGold sovereign
CTreasury bonds
DSilver bullion
Answer & Solution
Correct answer: A. Paper currency
BRBNM was established in 1995 to bridge supply and demand gaps in Indian paper currency.
Keep practising Indian Economy
Browse all Indian Economy questions for RRB NTPC, or explore more Economy topics.
Related questions
In 1921, the three presidency banks of Bengal, Bombay, and Madras merged into which bank?India's first completely paperless Union Budget presented via a digital tablet occurred inWhich first Finance Minister of independent India began the tradition of carrying the budgThe 1991 New Industrial Policy abolished compulsory licensing for all except how many sectCRR specifies the percentage of a bank's net demand and time liabilities kept with which bUnder SLR rules, banks must maintain liquid assets comprising cash, gold, and what else?The repo rate is the interest rate at which the RBI lends short-term funds to which entitiWhich Five-Year Plan was the final official economic plan formulated in India?