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प्रश्न
Explain "Banker to the Government" function of the Central Bank.
Explain 'government’s bank' function of central bank.
Explain the following function of an institution:
Banker to the Government.
Explain the function of the central bank as a ‘Banker’ to the government.
उत्तर १
The Central Bank is also a banker, agent and financial advisor to the government. As a banker, it manages government accounts across the country. It buys and sells securities on behalf of the government as an agent of the government. It helps the government in framing policies to regulate the money market by acting as an advisor to the government.
उत्तर २
The central bank acts as a ‘Banker’ to the Government and it performs the following functions:
- It receives deposits from the government and collects cheques and drafts deposited in the government account.
- It makes purchases and sales of government securities.
- It provides cash to the government as required for payment of salaries and wages to their staff and other disbursements.
- It makes payments on behalf of the government.
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संबंधित प्रश्न
Central Bank is a banker to the government.
Explain with reasons, whether you agree or disagree with the following statement
Commercial banks can not create credit money.
Explain, with reasons, whether you Agree or Disagree with the following statements
Central Bank does not work as a banker to the government
Give reason or explain the following statement:
As a banker for the government, the central bank transfers government funds.
Do you agree with the following statements? Give reasons.
Central bank works as Government’s bank.
What are the instruments of monetary policy of RBI?
State whether the following statement is TRUE or FALSE.
Central Bank also performs commercial banking business.
State whether the following statements is TRUE or FALSE.
The main objective of a Central Bank is to earn profit.
Give reason or explain.
Central Bank acts as a lender of the last resort.
Write short note on:
Open Market Operations (OMO)
Fill in the blank using appropriate alternative given in the brackets
The duration of government budget is _________ years.
Give reason or explain the following.
Central bank acts as a banker to the government.
Answer the following question.
What are the sources of non - tax revenue ?
State with reason Whether you 'agree' or 'disagree' with the following statement .
Central bank works as a banker to the goverment.
Identify which of the following bank does not interact directly with the general public?
