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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
The RBI was nationalised in the year 1935.
Meaning and Definition of Central bank?
Explain the role of the Reserve Bank of India as the “lender of last resort”.
What is a central bank?
Match the following:
| Group A | Group B |
| a. Demand and Price | (1) Interest |
| b. Stock | (2) Stock |
| c. Reward of Capital | (3) Reserve Bank of India |
| d. Unemployment allowance | (4) Bank of India |
| e. Central Bank | (5) Direct relation |
| (6) Potential Supply | |
| (7) Transfer Income | |
| (8) Inverse relation |
Explain, with reason, whether you Agree or Disagree with the following statement :
Central Bank is a profit making institution ?
Rewrite the following sentences by using proper substitute given in the bracket:
__________ has monopoly to issue the currency notes.
Fill in the blank with appropriate alternatives given below
Reserve Bank of India was established in _____________.
The Reserve Bank of India began its operations on ______.
As “bank of issue”, the central bank mainly ______.
