हिंदी

State Whether the Following Statement is True Or False: - Economics

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प्रश्न

State whether the following statement is True or False:

The main objective of the Central Bank is to earn a profit.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

False, the main objective of the central bank is not to earn profits.

Explanation:
A central bank is the apex financial institution of a country. The main objective of a central bank is to work for the benefit and development of the society as a whole and not to earn profits.

shaalaa.com
Central Bank Function - Banker's Bank
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2013-2014 (March)

संबंधित प्रश्न

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“Central Bank of the country has the monopoly of note issue.” Explain. 


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Explain the Data Collection and Publicity functions of the Central Bank.


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Answer in detail.
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Fiscal agent of the government.


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