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प्रश्न
Central bank is the sole ______ of the country's foreign currency reserve.
पर्याय
Dealer
Consumer
Custodian
User
उत्तर
Central bank is the sole custodian of the country's foreign currency reserve.
Explanation:
The central bank handles crises related to an unfavourable balance of payments positions and serves as the only consumer of foreign exchange reserves.
संबंधित प्रश्न
Name the institution which enjoys the monopoly of note issue
Why is central bank called as a ‘lender of last resort’ for a commercial bank?
One of the functions of the Central Bank among the following is ______
______ refers to a certain percentage of total deposits the commercial banks are required to maintain in the form of cash reserve with the Central bank.
Which of the following are the functions of central bank?
______ is the main source of money supply in an economy.
Identify the correctly matched pair of items in column A to that of Column B:
| column A | column B |
| 1. Function of a Central bank | (a) Lending money to public |
| 2. Function of Government | (b) Issuing currency notes |
| 3. Function of a Central bank | (c) Control of credit |
| 4. Function of Government | (d) Creation of credit |
The apex bank which controls, regulates and supervises the activities of commercial bank is the ______.
Describe any two functions of the Central Bank.
A central bank acts as a banker's bank, bank to government, and regulator of credit.
