Advertisements
Advertisements
प्रश्न
Mention two differences between the Central Bank and a Commercial Bank.
Write any two differences between:
Central and Commercial banks
How is a commercial bank different from a central bank?
Write three differentiate between commercial and central bank.
उत्तर
| Points of Difference | Central Bank | Commercial Bank |
| Status | It is the apex institution of the country’s monetary and banking structure. | It is one of the organs of the money market. |
| Ownership | It is owned by the Government. | It is owned by shareholders. |
| Objective | It is a non-profit institution. | It is a profit-making institution. |
| Customers | It is a banker to the Government. | It is banker to general public |
| Issue of Notes | It has the monopoly of note issue. | It cannot issue notes but only dneques. |
| Credit Control | It controls credit according to the country's needs. | It creates credit to meet the needs of business. |
Notes
Students should refer to the answer according to their questions.
APPEARS IN
संबंधित प्रश्न
A bank which is known as bankers bank.
Reserve Bank of India cannot accept deposits from public.
How is a commercial bank different from a central bank?
Distinguish between the following:
Current account & Recurring deposit account
Explain different types of banks.
What do you mean by Industrial Banks?
Write a short note on Local Area Banks, Give two examples.
Explain the types of banks based on ownership patterns.
Distinguish between the Central Bank and the Commercial Bank.
"A central bank is a bankers' bank." Explain.
