Advertisements
Advertisements
प्रश्न
Explain the following function of the Central Bank:
Fiscal agent of the government.
उत्तर
As a fiscal agent, the Central Bank performs the following functions:
- It manages the public borrowings for the government.
- It collects taxes and other payments on behalf of the government.
- It acts as the government agent to enforce foreign exchange control.
APPEARS IN
संबंधित प्रश्न
The Central bank may take direct action against the defaulting commercial banks.
Answer the following question.
Explain the 'lender of last resort' function of central bank.
Explain bankers bank function of a Central bank.
Distinguish between the following.
Commercial Bank and Central Bank.
Define or Explain the following concept.
Clearing House System
Give reason or explain.
The CRR affects the lending capacity of the banks.
Write Short note on :
Cash Reserve Ratio (CRR)
Answer the following question:
“Central Bank of the country has the monopoly of note issue.” Explain.
State with reason whether you agree or disagree with the following statement.
A co-operative bank acts as a lender of the last resort.
Elaborate the ‘Banker’s Bank and Supervisor’ function performed by the Reserve Bank of India.
