Answer / ankit agarwal

The Reserve Bank estimates the demand for bank notes on the
basis of the growth rate of the economy, the replacement
demand and reserve requirements by using statistical models.
The Reserve Bank decides upon the volume and value of bank
notes to be printed. The quantum of bank notes that needs
to be printed broadly depends on the annual increase in
bank notes required for circulation purposes, replacement
of soiled notes and reserve requirements
A currency note (say a $10 bill) is technically a bearer
promissory note, where in the issuing authority promises to
pay the bearer (one how is holding the money) the value of
$10 whenever demanded. Technically, this means that the
holder of money can get equivalent value in gold.
Then the authorities issued money having full backing of
Gold. This was called the Gold parity or the Gold Reserve
System

Answer / rupali pramanik

What is the basis for issuing currency notes. How much RBI
can issue currency notes.

when will the result of sbi associate banks clerical grade exam result held on 1 march 2009 be published,& is there any contact no. of SBI facilitated for this purpose

23 Answers   State Bank Of India SBI,

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Hi people. My name is John. First of all i would like to thank you and congratulate you all for the successful completion of the interview and hope that the best man/woman walks away with the job. I post here my request for answers to a few questions related to the interview process. I gave my interview in Delhi on 4th may 2010 at the SBI Learning centre in noida. I would like to know the following: 1: how many centres were there in delhi for the purpose of interview? 2: when was the first and last day (duration) of interview in delhi? 3: were the candidates called according to the merit after the written test or was it alphabetical. if it was neither, then how were they calling the candidates? 4: also what are the chances of a candidate who thinks that the interview did not go according to his plan? There is still hope isn't it? 5: do people "horse trade" vacancies (perfect opportunity for somebody's uncle or someone's greased up mla recommendation for a candidate; since sbi taking this long for a result.)? I definitely hope tht the crpd do us a big favour by releasing the results soon. thanks in advance to all those who are kind enough to rest the ghosts in my mind.

0 Answers   State Bank Of India SBI,

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which kind of question come in exam?

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having completed post graduation in zoology ,why u want to join bank in clerical post????????pls reply asap??

0 Answers   State Bank Of India SBI,

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hi..dis is abir from..mp.. I have my allahabad bank interview on 4th july in bhopal.. Is there any1 who has allahabad bank interview..in bhopal..plz contact me..my id is abir.goswami88@gmail.com..n my no. Is 099817142461

0 Answers   Allahabad Bank,

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SBI INTERVIEW RESULTS OF CLRK ???WHEN???

0 Answers  

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can anyone tell as to which book to read for the preparation of SBI clerical exams?kindly tell me thanks in advance

9 Answers   State Bank Of India SBI,

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what questions they can ask me from my subjects i interview as i had maths during 10+2 and computer science during graduation?????? my sbi clerical grade interview is on 3 may,,so plz do reply fast

0 Answers   State Bank Of India SBI,

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what all marketing questions may be asked in sbi interview.. thanks in advance

0 Answers   State Bank Of India SBI,

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Any one have idea about where will be the postings for SBH- Andhra Pradesh candidates

2 Answers  

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What is Current Repo rate

5 Answers   State Bank Of India SBI,

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What was the contraversy of NAval chief on 26/11 Mumabi attack

0 Answers  

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