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प्रश्न
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
पर्याय
Both A and R are true and R is the correct explanation of A.
Both A and R are true and R is not the correct explanation of A.
A is true but R is false.
A is false but R is true.
उत्तर
Both A and R are true and R is not the correct explanation of A.
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संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
The ______ is the central bank of our country which has the authority to print currency notes.
Give two major functions of the central bank of our country.
Which of the following is not a function of a commercial bank?
The central bank acts as ______.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Central Bank acts as a banker to the Government.
Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.
Give two reasons why the central banks enjoy monopoly of note issue.
How is Bank rate altered to correct a depression in an economy?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Name the institution that enjoys the monopoly of note issue in India.
