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प्रश्न
Explain the following function of the central bank of a country.
Developmental functions.
उत्तर
Following are the developmental functions:
- The central bank helps in the development of money and capital market in the country.
- It undertakes measures to maintain price stability necessary for the growth of an economy.
- It undertakes suitable measures to maintain exchange rate stability which is very crucial for the growth and development of international trade.
- It provides essential training to the staff of the banking industry.
- By adopting a low interest policy, the Reserve Bank of India (RBI) encourages investment in the development projects.
- The RBI publishes data on several sectors of the economy.
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संबंधित प्रश्न
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
The Central bank is having the authority to regulate the amount of money supply in the economy.
Based on the above explain the following.
- Credit Rationing
- CRR
- Regulation of Margin Requirements
- Bank Rate
Give two major functions of the central bank of our country.
Explain the 'Clearing House Function' of the Central Bank?
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Central Bank acts as a banker to the Government.
Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.
How is Bank rate altered to correct a depression in an economy?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the banker's bank function of the Central Bank.
