Advertisements
Advertisements
Question
Name the central bank of our country.
Solution
- The central bank of our country is the Reserve Bank of India (RBI).
- This bank helps the government with money and monitors credit.
- As a leader, it also runs the money market and your banks.
Notes
Students can refer to the provided solutions based on their preferred marks.
RELATED QUESTIONS
A bank which is known as bankers bank.
Reserve Bank of India cannot accept deposits from public.
State with Reasons whether the following statement TRUE or FALSE.
Current account is suitable for salaried people.
Mention two differences between the Central Bank and a Commercial Bank.
Choose the Correct Answer.
Foreign banks are begun their operation since ______
Write a short note on Local Area Banks, Give two examples.
What are the objectives involved in Regional Rural Banks?
Explain the types of banks based on ownership patterns.
Distinguish between the Central Bank and the Commercial Bank.
What is a Central Bank?
Which of the following banks regulate the supply of money in the economy?
RBI is ______.
It acts as the bankers' bank.
"A central bank is a bankers' bank." Explain.
What is meant by the central bank of a country?
What is Banker's Cheque?
Why was EXIM Bank set up in India?
