Advertisements
Advertisements
प्रश्न
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.
विकल्प
Both A and R are true and R is the correct explanation of A.
Both A and R are true and R is not the correct explanation of A.
A is true but R is false.
A is false but R is true.
Advertisements
उत्तर
Both A and R are true and R is not the correct explanation of A.
APPEARS IN
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:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
The Central bank is having the authority to regulate the amount of money supply in the economy.
Based on the above explain the following.
- Credit Rationing
- CRR
- Regulation of Margin Requirements
- Bank Rate
Which of the following is/are the function(s) of central bank.
Explain the 'Clearing House Function' of the central bank.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Give two reasons why the central banks enjoy monopoly of note issue.
Explain the following function of the central bank of a country.
Developmental functions.
Discuss the role of the Central Bank as the fiscal agent to the government.
Name the institution that enjoys the monopoly of note issue in India.
