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प्रश्न
Central bank is the sole ______ of the country's foreign currency reserve.
विकल्प
Dealer
Consumer
Custodian
User
उत्तर
Central bank is the sole custodian of the country's foreign currency reserve.
Explanation:
The central bank handles crises related to an unfavourable balance of payments positions and serves as the only consumer of foreign exchange reserves.
संबंधित प्रश्न
Overdraft facility is available on ______.
What is the bank rate?
Justify either for or against by giving a reason for the following statement. ‘Central Bank is a Banker to the Government.’
One of the functions of the Central Bank among the following is ______
______ is the rate at which the central bank borrows from the commercial banks.
Which of the following statements is true?
Identify the correctly matched pair of items in column A to that of Column B:
| column A | column B |
| 1. Function of a Central bank | (a) Lending money to public |
| 2. Function of Government | (b) Issuing currency notes |
| 3. Function of a Central bank | (c) Control of credit |
| 4. Function of Government | (d) Creation of credit |
The central bank settles the claims of commercial banks is called ______.
The central bank of a country is the banker's bank. Justify for or against by giving two reasons.
Bring out the importance of a central bank by making special reference to the functions it performs.
