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प्रश्न
show the importance of "banker's clearing house" in modern banking.
उत्तर
- Efficiency: Speeds up the processing and settlement of cheques and other payment instruments.
- Accuracy: By settling net balances swiftly, banks can better manage their liquidity.
- Trust and reliability: Transparent and trustworthy transactions help to build trust in the banking system.
- Dispute Resolution: Provides a system for settling payment anomalies and disputes among banks.
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संबंधित प्रश्न
Bank having power of note issue in India is ______.
Why is central bank called as a ‘lender of last resort’ for a commercial bank?
Justify either for or against by giving a reason for the following statement. ‘Central Bank is a Banker to the Government.’
Which of the following statements is true?
______ is the main source of money supply in an economy.
The apex bank which controls, regulates and supervises the activities of commercial bank is the ______.
The Chief of the Reserve Bank of India is called ______.
Write any two differences between:
Central Bank and Commercial Bank
List any two functions of the central bank.
A central bank acts as a banker's bank, bank to government, and regulator of credit.
