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It acts as the bankers' bank. - Commercial Applications

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प्रश्न

It acts as the bankers' bank.

पर्याय

  • Commercial Bank

  • Central Bank

  • Specialised Bank

  • None of these

MCQ

उत्तर

Central Bank

Explanation:

  1. The Reserve Bank of India is our country's central bank and the bankers' bank.
  2. It carries out the country's monetary policy because it occupies a central position in the country's banking system.
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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 14: Banking - EXERCISES [पृष्ठ २५५]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 7 Banking and Bank Transactions
EXERCISES | Q 5. | पृष्ठ १२३
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