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प्रश्न
Identify the function of RBI as indicated by the following image.
विकल्प
Banker to the banks
Fiscal agent to the government
Credit control
Custodian of foreign exchange reserve
उत्तर
Credit control
Explanation:
The picture shows the RBI manipulating interest rates (raising it by 25 basis points), indicating the Reserve Bank of India's credit control function. The RBI regulates the money supply and controls inflation or deflation in the economy using credit control tools such as interest rate adjustments, reserve ratios, and open market operations.
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संबंधित प्रश्न
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Give two major functions of the central bank of our country.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
The central bank acts as ______.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
Give two reasons why the central banks enjoy monopoly of note issue.
How is Bank rate altered to correct a depression in an economy?
Discuss the role of the Central Bank as the fiscal agent to the government.
Explain the banker's bank function of the Central Bank.
