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प्रश्न
The central bank of a country serves as the leader of the banking system and the moneymarket.
विकल्प
Commercial Bank
Central Bank
Specialised Bank
None of these
उत्तर
Central Bank
Explanation:
A central bank is a financial institution that oversees a nation's monetary system and policy.
APPEARS IN
संबंधित प्रश्न
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Mention two differences between the Central Bank and a Commercial Bank.
Briefly explain about Correspondent Banks?
Mention the purposes of Agricultural and Cooperative banks?
Explain the various types of banks based on organization with examples.
Name the largest commercial bank of India.
What is meant by an overdraft facility given by a commercial bank?
"The central bank is the lender of the last resort." Explain.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
Explain the four functions of the Reserve Bank of India.
