Advertisements
Advertisements
Question
Central bank is owned by the ____ while commercial bank is owned by ______.
Options
Shareholders, shareholders
Government, shareholders
Shareholders, government
None of these
Solution
Central bank is owned by the government while commercial bank is owned by shareholders.
Explanation:
- Central banks are often owned by the government or the public sector, which gives them some independence in carrying out their monetary policy objectives.
- Commercial banks, on the other hand, are privately owned by individuals or shareholders and function solely for profit.
RELATED QUESTIONS
Any ‘five types’ of banks.
A bank which is known as bankers bank.
Reserve Bank of India cannot accept deposits from public.
Select the proper option from the options given below and rewrite the sentences:
In E-business, payments have to be made ______
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
Mention two differences between the Central Bank and a Commercial Bank.
Choose the Correct Answer.
Which bank is not an Industrial Bank?
Distinguish between the Central Bank and the Commercial Bank.
Name the central bank of our country.
Name one development bank.
What is meant by an overdraft facility given by a commercial bank?
"The central bank is the lender of the last resort." Explain.
Give two agency functions of commercial banks.
Explain main functions of commercial bank.
What is meant by the central bank of a country?
What are the important functions of Central bank? Which of these functions are more important in a country like India?
The ______ of a country serves as the leader of the banking system and the money market.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
______ is a Banker's Bank.
