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Commerce · Q477

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 477

Q477

If we completely moved to an electronic money system in place of physical currency, then which of the following will be reduced?

A.
Government's subsidy burden
B.
RBI's Seigniorage
C.
Both A and B
Answer
D.
Neither A nor B

Answer: Option C

Solution

Answer: Option C
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