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प्रश्न
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
पर्याय
A is true and R is the correct explanation for A
A is true but R is not the correct explanation for A
A is true, R is false
A is false, R is true
उत्तर
A is true but R is not the correct explanation for A
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संबंधित प्रश्न
Mention two differences between the Central Bank and a Commercial Bank.
What do you mean by Industrial Banks?
What are Foreign Banks?
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
It acts as the bankers' bank.
It carries out the country's monetary policy.
Name one development bank.
What is meant by the central bank of a country?
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
How do exchange banks help in financing foreign trade?
