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प्रश्न
Explain the following function of the Central Bank:
Fiscal agent of the government.
उत्तर
As a fiscal agent, the Central Bank performs the following functions:
- It manages the public borrowings for the government.
- It collects taxes and other payments on behalf of the government.
- It acts as the government agent to enforce foreign exchange control.
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संबंधित प्रश्न
Clearing house system economises the use of cash.
State whether the following statement is True or False:
The main objective of the Central Bank is to earn a profit.
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Central Bank is called as the bankers' bank .
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The Central bank works as a Bankers’ Bank.
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State with reason whether you 'agree' or 'disagree' with the following statement.
Central bank is a bank which issues notes.
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