Advertisements
Advertisements
प्रश्न
Write any two differences between:
Central Bank and Commercial Bank
Give one difference between central bank and commercial bank.
उत्तर
| Central Bank | Commercial Bank | |
| 1. Status | It is the apex institution of the country's monetary and banking structure. | It is one of the organs of the money market. |
| 2. Ownership | It is owned by the Government. | It is owned by shareholders. |
| 3. Objective | It is a non-profit institution. | It is a profit making institution. |
Notes
Students should refer to the answer according to their questions.
संबंधित प्रश्न
Name the institution which enjoys the monopoly of note issue
Give two reasons as to why a Central Bank is needed.
______ is the rate at which the central bank borrows from the commercial banks.
______ is the rate at which the central bank borrows from the commercial banks.
Read the below case and answer the question that follow:
|
In a 40 minute long speech Prime Minister Narendra Modi announced the demonetisation of existing notes of ₹ 500 and ₹ 1,000 during a televised address on Tuesday evening. - "What is demonetisation and why was it done?" |
______ is issued by the government of India.
Identify the correctly matched pair of items in column A to that of Column B:
| column A | column B |
| 1. Function of a Central bank | (a) Lending money to public |
| 2. Function of Government | (b) Issuing currency notes |
| 3. Function of a Central bank | (c) Control of credit |
| 4. Function of Government | (d) Creation of credit |
Central bank is the lender of the last resort. Explain.
List any two functions of the central bank.
A central bank acts as a banker's bank, bank to government, and regulator of credit.
Explain any five functions of the RBI in context with the Indian economy.
