Advertisements
Advertisements
प्रश्न
Which of the following is/are the function(s) of central bank.
पर्याय
Banker's bank
Lender of the last resort
Receive deposits from the public and business firms.
Provide short-term and medium-term loans to customers.
उत्तर
Banker's bank and lender of the last resort
Explanation:
- The central bank acts as a banker to all the commercial banks in the country.
- Whenever a commercial bank needs financial assistance, it may borrow from other commercial banks. However, other commercial banks may not be able to provide funds to the bank in need. In this way the central bank acts as the lender of the last resort.
APPEARS IN
संबंधित प्रश्न
Central bank is the ______ of the country's foreign currency reserves.
Explain the 'Clearing House Function' of the Central Bank?
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.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Who normally keep their deposits in the Central Bank?
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.
