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प्रश्न
State whether the following statements is TRUE or FALSE.
The main objective of a Central Bank is to earn profit.
पर्याय
True
False
उत्तर
The main objective of a Central Bank is to earn profit. - False
Explanation: The central bank is the apex institution of a country's monetary system. The main objective of this bank is to regulate and control the activities of all the commercial banks and other financial institutions of the country. However, profit making is not the main objective of the central bank.
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संबंधित प्रश्न
Central Bank is a banker to the government.
Explain with reasons, whether you agree or disagree with the following statement
Commercial banks can not create credit money.
Explain "Banker to the Government" function of the Central Bank.
Explain, with reasons, whether you Agree or Disagree with the following statements
Central Bank does not work as a banker to the government
Give reason or explain the following statement:
As a banker for the government, the central bank transfers government funds.
Do you agree with the following statements? Give reasons.
Central bank works as Government’s bank.
What are the instruments of monetary policy of RBI?
State whether the following statement is TRUE or FALSE.
Central Bank also performs commercial banking business.
Give reason or explain.
Central Bank acts as a lender of the last resort.
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Open Market Operations (OMO)
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The duration of government budget is _________ years.
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Central bank acts as a banker to the government.
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What are the sources of non - tax revenue ?
State with reason Whether you 'agree' or 'disagree' with the following statement .
Central bank works as a banker to the goverment.
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