Advertisements
Advertisements
प्रश्न
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
विकल्प
Commercial Bank, central bank
Central Bank, commercial bank
Specialised Bank, central bank
Commercial bank, specialised bank
Advertisements
उत्तर
Central Bank is the apex institution of the country's monetary and banking structure where as commercial bank is one of the organs of the money market.
Explanation:
The Central Bank (such as the Reserve Bank of India) serves as the highest monetary authority because it has the authority to formulate monetary policy, issue currency, and regulate the whole financial system. A commercial bank, on the other hand, acts as one of the money market's operating organs by accepting short-term deposits and providing commercial loans directly to the general public.
संबंधित प्रश्न
Distinguish between the following:
Current account & Recurring deposit account
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Explain the types of banks?
Choose the Correct Answer.
Foreign banks are begun their operation since ______
Briefly explain about Correspondent Banks?
What are Foreign Banks?
Explain the types of banks based on ownership patterns.
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
It acts as the bankers' bank.
Central bank is owned by the ____ while commercial bank is owned by ______.
Name the largest commercial bank of India.
"The central bank is the lender of the last resort." Explain.
Explain main functions of commercial bank.
Which type of bank is called the apex bank of India?
Which type of bank mainly provides long-term credit for agriculture?
Which bank specifically supports India’s exports and imports through long-term finance?
