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प्रश्न
Briefly explain about Central Bank.
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उत्तर
Every nation has one central bank. It is owned by the Government of the country. The control over the entire banking system of a country is vested with this apex bank. Central banks are known by different names in different countries. In India, the Reserve Bank of India (RBI) is the central bank.
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संबंधित प्रश्न
Match the following Group ‘A’ with Group ‘B’
| Group A | Group B |
| (a) Electricity | (1) Inelastic demand |
| (b) Complementary goods | (2) Share brokers |
| (c) Pension | (3) Elastic demand |
| (d) D - mat account | (4) Composite demand |
| (e) Central Bank | 5) Transfer income |
| (6) Primary function of Commercial Banks | |
| (7) ATM facility | |
|
(8) Apex banking institution
|
Fill in the blanks using proper alternatives given in the bracket
____________ bank has the monopoly of note issue.
State whether the following statement is True or False with reason:
Central Bank works for profit.
Rewrite the following sentences by using proper substitute given in the bracket:
__________ has monopoly to issue the currency notes.
Fill in the blanks with appropriate alternatives given in the bracket.
To increase credit creation Central Bank __________ the debentures.
Fill in the blank with appropriate alternatives given below
____________ is the apex body of the monetary and banking systems of the nation's economy.
Fill in the blank with appropriate alternatives given below
Reserve Bank of India was established in _____________.
Define or Explain the following concept.
Prof. Samuelson's definition of Central Bank
Write short note on:
Definition of a Central Bank
State with reason whether you agree or disagree with the following statement.
Central Bank is a profit-making institution.
