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प्रश्न
What is meant by the central bank of a country?
उत्तर
The central bank leads the money market and regulates credit volume to ensure stability. Credit money accounts for a significant portion of the country's total money supply. Excess credit leads to higher pricing, imports, and decreased exports, which in turn result in an unfavourable payment balance.
The goal of credit control is described below:
- The stability of internal prices.
- The foreign exchange rate is stable.
- Promoting high employment.
संबंधित प्रश्न
Reserve Bank of India cannot accept deposits from public.
How is a commercial bank different from a central bank?
Write Short Note on the following:
Types of banks
State with Reasons whether the following statement is TRUE or FALSE:
Central bank (RBI) connot accept deposit from the public.
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
Explain the types of banks?
Mention two differences between the Central Bank and a Commercial Bank.
Explain different types of banks.
Which of the following banks regulate the supply of money in the economy?
RBI is ______.
Which of the following is a Commercial Bank?
Name the largest commercial bank of India.
Name one development bank.
"A central bank is a bankers' bank." Explain.
Describe the advantages of opening a bank account.
The ______ of a country serves as the leader of the banking system and the money market.
Why was EXIM Bank set up in India?