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प्रश्न
Identify which of the following is not the function of the central bank?
पर्याय
Banking facilities to government.
Banking facilities to public.
Lendings to government.
Lendings to commercial banks.
उत्तर
Banking facilities to public.
Explanation:
The central bank (such as the Reserve Bank of India) primarily serves the government and commercial banks but does not directly provide banking services to the common population. Commercial banks are responsible for providing banking services to the general public, such as accepting deposits, making loans, and offering savings accounts.
संबंधित प्रश्न
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Which function of RBI is indicated by the above image?
Central bank is the ______ of the country's foreign currency reserves.
Give two major functions of the central bank of our country.
What is meant by clearing house function of the RBI?
Explain the 'Clearing House Function' of the Central Bank?
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
The central bank acts as ______.
Identify the function of RBI as indicated by the following image.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
Give two reasons why the central banks enjoy monopoly of note issue.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
How is Bank rate altered to correct a depression in an economy?
Explain the following function of the central bank of a country.
Developmental functions.
Discuss the role of the Central Bank as the fiscal agent to the government.
Name the institution that enjoys the monopoly of note issue in India.
