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प्रश्न
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.
पर्याय
Only (i) and (ii)
Only (i) and (iii)
Only (ii) and (iii)
All of the above
उत्तर
Only (i) and (ii)
Explanation:
- Statement (i): True. The Reserve Bank of India (RBI) is the country's central bank.
- Statement (ii): True. All currency notes (save the one rupee note) contain the signature of the Reserve Bank of India's Governor. The Finance Secretary signs the one rupee note.
APPEARS IN
संबंधित प्रश्न
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.
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
Central bank is the ______ of the country's foreign currency reserves.
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.
What is meant by clearing house function of the 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.
Who normally keep their deposits in the Central Bank?
Explain the banker's bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
