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प्रश्न
The central bank acts as ______.
पर्याय
Banker's bank
Banker to government
Both Banker's bank and Banker to government
Neither Banker's bank nor Banker to government
उत्तर
Both Banker's bank and Banker to government
Explanation:
The central bank, such as the Reserve Bank of India, performs both of these functions:
- Banker's bank: The central bank serves as a banker to commercial banks by lending, accepting deposits, and clearing transactions.
- Banker to the government: The central bank also serves as the government's banker, managing its finances, making loans, and handling public debt.
संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
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.
The Central bank is having the authority to regulate the amount of money supply in the economy.
Based on the above explain the following.
- Credit Rationing
- CRR
- Regulation of Margin Requirements
- Bank Rate
Central bank is the ______ of the country's foreign currency reserves.
Which of the following is/are the function(s) of central bank.
The ______ is the central bank of our country which has the authority to print currency notes.
Give two major functions of the central bank of our country.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Which of the following statements are true?
- The Reserve Bank of India is the central bank of the country.
- All currency notes (except one rupee note) bear the signature of Governor, RBI.
- The objective of the Reserve Bank of India is to earn profit.
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): Central Bank acts as a banker to the Government.
Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.
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.
How is Bank rate altered to correct a depression in an economy?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
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.
