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प्रश्न
Justify either for or against by giving a reason for the following statement. ‘Central Bank is a Banker to the Government.’
उत्तर
This assertion is correct.
The Central Bank is the government's banker. The central bank serves as the government's banker, agent, and advisor. It receives and makes payments on behalf of the government like a banker. In financial affairs, the central bank acts as the government's agent. It provides advice to the government on monetary and banking issues.
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संबंधित प्रश्न
Bank having power of note issue in India is ______.
Give two reasons as to why a Central Bank is needed.
What is the bank rate?
Explain in short, any three functions of the Central Bank.
______ acts as a banker, advisor and agent to the Central and State Governments.
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 |
Who regulates money supply in India?
The apex bank which controls, regulates and supervises the activities of commercial bank is the ______.
Write any two differences between:
Central Bank and Commercial Bank
The central bank settles the claims of commercial banks is called ______.
