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Q.

What is the meaning of Gold reserve?

Tags: money, gold reserve
Asked by Anindya Mukherjee, 11 Nov '12 11:41 am
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Answers (2)

1.

Gold kept by Bank in place of Printed Currency.
Answered by anantharaman, 11 Nov '12 01:47 pm

 
  
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2.

A quantity of gold held by a central bank to support the issue of currency.
Answered by Psycho, 11 Nov '12 11:42 am

 
  
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