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प्रश्न
Central bank is owned by the ____ while commercial bank is owned by ______.
पर्याय
Shareholders, shareholders
Government, shareholders
Shareholders, government
None of these
उत्तर
Central bank is owned by the government while commercial bank is owned by shareholders.
Explanation:
- Central banks are often owned by the government or the public sector, which gives them some independence in carrying out their monetary policy objectives.
- Commercial banks, on the other hand, are privately owned by individuals or shareholders and function solely for profit.
संबंधित प्रश्न
How is a commercial bank different from a central bank?
Distinguish between the following:
Current account & Recurring deposit account
Explain the types of banks?
Explain different types of banks.
Briefly explain about Correspondent Banks?
Explain the various types of banks based on organization with examples.
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
Which of the following is a Commercial Bank?
The central bank of a country serves as the leader of the banking system and the moneymarket.
It acts as the bankers' bank.
It carries out the country's monetary policy.
Name the largest commercial bank of India.
"A central bank is a bankers' bank." Explain.
"The central bank is the lender of the last resort." Explain.
Distinguish between saving account and current account.
Explain main functions of commercial bank.
What is Banker's Cheque?
The ______ of a country serves as the leader of the banking system and the money market.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
