हिंदी

State Whether the Following Statement is True Or False. Central Bank Also Performs Commercial Banking Business. - Economics

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प्रश्न

State whether the following statement is TRUE or FALSE.

Central Bank also performs commercial banking business. 

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

Central Bank also performs commercial banking business. - False

Explanation: Commercial banking business implies accepting deposits from and lending deposits to the general public. The Central bank does not deal directly with the general public and does not perform any of the commercial banking functions.

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Central Bank Function - Goverment Bank
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अध्याय 13: Central Banking - Exercise 1 [पृष्ठ १२१]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 13 Central Banking
Exercise 1 | Q 3.4 | पृष्ठ १२१
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