हिंदी

______ is the main function of central bank.

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प्रश्न

______ is the main function of central bank.

विकल्प

  • Credit creation

  • Accepting deposits from public

  • Note issue

  • None of these

MCQ
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उत्तर

Note issue is the main function of central bank.

Explanation:

One of the primary functions of a central bank is the issue of currency notes. The central bank has the authority to issue the country's currency, ensuring that the money supply is stable and controlled.

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Functions of a Central Bank
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Central Banks - QUESTIONS [पृष्ठ २११]

APPEARS IN

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संबंधित प्रश्न

Which of the following is not a function of the Central Bank?


Explain the functions of the RBI with respect to the following:

  1. Custodian of foreign exchange reserves.
  2. Monopoly of note issue.
  3. Clearing house facility.
  4. Banker and fiscal agent to the government.

Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.


  1. In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.

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  1. Credit Rationing
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What is meant by clearing house function of the RBI?


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Assertion (A): Reserve Bank of India creates credit.

Reason (R): Reserve Bank of India is known as a bank of note issue.


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