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प्रश्न
State with reason whether you 'agree' or 'disagree' with the following statement.
Central bank is a bank which issues notes.
विकल्प
Agree
Disagree
उत्तर
I do agree with the given statements. This is because of the following reasons.
Meaning: - The central bank is the apex bank in the country. It enjoys the apex position in the country’s monetary and banking structure. It regulates and monitors the banking and monetary system in the country.
Issue of Currency Notes: -The central bank has the authority to issue currency notes. The RBI enjoys the monopoly of note issue. The RBI has been authorised by the Government of India to issue notes of all denominations except One Rupee note (which at present is rarely in circulation) the one rupee note is directly issued by the government of India.
APPEARS IN
संबंधित प्रश्न
Clearing house system economises the use of cash.
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Answer the following question.
Explain the 'lender of last resort' function of central bank.
Explain bankers bank function of a Central bank.
State whether the following statement is True or False:
The main objective of the Central Bank is to earn a profit.
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State with reason. Whether you ‘agree’ or ‘disagree’ with the following statement:
Central Bank is called as the bankers' bank .
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State whether the following statements are True or False with reasons (Any Four) :
The Central bank works as a Bankers’ Bank.
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Cash Reserve Ratio and Statutory Liquidity Ratio
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Regulation of Margin Requirements
Write Short note on :
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Answer the following question:
“Central Bank of the country has the monopoly of note issue.” Explain.
Answer the following question:
Explain the Data Collection and Publicity functions of the Central Bank.
State with reason whether you agree or disagree with the following statement.
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Answer in detail.
Explain the functions of the Central Bank.
Explain the following function of the Central Bank:
Fiscal agent of the government.