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प्रश्न
Name the central bank of our country.
उत्तर
- The central bank of our country is the Reserve Bank of India (RBI).
- This bank helps the government with money and monitors credit.
- As a leader, it also runs the money market and your banks.
Notes
Students can refer to the provided solutions based on their preferred marks.
संबंधित प्रश्न
A bank which is known as bankers bank.
How is a commercial bank different from a central bank?
Distinguish between the following:
Current account & Recurring deposit account
Explain different types of banks.
Give the meaning of Commercial Banks?
Write a short note on Local Area Banks, Give two examples.
Mention the purposes of Agricultural and Cooperative banks?
Distinguish between the Central Bank and the Commercial Bank.
What is a Central Bank?
It acts as the bankers' bank.
It carries out the country's monetary policy.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
Name one development bank.
What is meant by an overdraft facility given by a commercial bank?
Distinguish between saving account and current account.
The ______ of a country serves as the leader of the banking system and the money market.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
______ is a Banker's Bank.