Advertisements
Advertisements
प्रश्न
Briefly explain about Central Bank.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
What is a central bank?
Give reason or explain the following statement:
Central Bank acts as a lender of the last resort.
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 |
Define or explain the concept of Lender of the last resort .
Fill in the blank with appropriate alternatives given below
Reserve Bank of India was established in _____________.
Match the following:
| Group A | Group B |
| 1. Central bank | a. Quantitative measure of credit |
| 2. Clearing house | b. Apex banking institution |
| 3. Credit control | c. Deliberate buying and selling of government securities |
| 4. Direct action | d. Selective method of credit control |
| 5. Open market operations | e. Central bank |
| f. Government | |
| g. S.L.R. (Statutory Liquidity Ratio) |
Define the following concept.
Open Market Operation
Define or Explain the following concept.
Moral suasion
Choose the Correct Answer.
The Central bank of India is ______
Central Bank is an ______.
