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Asked: 2020-10-31T22:23:34+00:00 In:

Does India follow the Fractional reserve banking system? Also, Just like the US federal reserve, does the RBI also “loan” out the money printed to the Indian government?

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Does India follow the Fractional reserve banking system? Also, Just like the US federal reserve, does the RBI also “loan” out the money printed to the Indian government?

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