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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.
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उत्तर
Both A and R are true and R is not the correct explanation of A.
संबंधित प्रश्न
Which function of RBI is indicated by the above image?
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
Central bank is the ______ of the country's foreign currency reserves.
The ______ is the central bank of our country which has the authority to print currency notes.
Give two major functions of the central bank of our country.
______ is the main function of central bank.
Identify which of the following is not the function of the central bank?
Which of the following is not a function of a commercial bank?
Which of the following statements are true?
- The Reserve Bank of India is the central bank of the country.
- All currency notes (except one rupee note) bear the signature of Governor, RBI.
- The objective of the Reserve Bank of India is to earn profit.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
