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Identify which of the following is not the function of the central bank? - Economic Applications

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प्रश्न

Identify which of the following is not the function of the central bank? 

विकल्प

  • Banking facilities to government.

  • Banking facilities to public.

  • Lendings to government.

  • Lendings to commercial banks.

MCQ

उत्तर

Banking facilities to public.

Explanation:

The central bank (such as the Reserve Bank of India) primarily serves the government and commercial banks but does not directly provide banking services to the common population. Commercial banks are responsible for providing banking services to the general public, such as accepting deposits, making loans, and offering savings accounts.

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Functions of a Central Bank
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Central Banks - QUESTIONS [पृष्ठ २११]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 9 Central Banks
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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
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Exercise | Q 4. | पृष्ठ १५६

संबंधित प्रश्न

Explain the functions of the RBI with respect to the following:

  1. Custodian of foreign exchange reserves.
  2. Monopoly of note issue.
  3. Clearing house facility.
  4. Banker and fiscal agent to the government.

  1. In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.

Which function of RBI is indicated by the above image?


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Based on the above explain the following.

  1. Credit Rationing
  2. CRR
  3. Regulation of Margin Requirements
  4. Bank Rate

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 ______.


______ is the main function of central bank.


Which of the following is not a function of a commercial bank? 


The central bank acts as ______.


Identify the function of RBI as indicated by the following image.


How does the central bank act as a lender as the last resort?


Give two reasons why the central banks enjoy monopoly of note issue.


Mention two ways in which the Reserve Bank of India assists the commercial banks.


Who normally keep their deposits in the Central Bank?


The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government. 


Explain the following function of the central bank of a country.

Developmental functions.


Discuss the role of the Central Bank as the fiscal agent to the government. 


Explain the banker's bank function of the Central Bank. 


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