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प्रश्न
Which of the following is not a function of a commercial bank?
पर्याय
Accepting deposits from public
Note issue
Giving loans
Credit creation
उत्तर
Note issue
Explanation:
The function of note issuance is not performed by commercial banks; it is the responsibility of the central bank.
संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
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Explain the 'Clearing House Function' of the Central Bank?
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.
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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.
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Give two reasons why the central banks enjoy monopoly of note issue.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
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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.
Explain the banker's bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
