Advertisements
Advertisements
प्रश्न
Central bank is the ______ of the country's foreign currency reserves.
विकल्प
Dealer
Consumer
Custodian
User
Advertisements
उत्तर
Central bank is the Custodian of the country's foreign currency reserves.
Explanation:
The central bank handles crises related to an unfavourable balance of payments positions and serves as the only consumer of foreign exchange reserves.
APPEARS IN
संबंधित 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.

Which function of RBI is indicated by the above image?
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Which of the following is not a function of a commercial bank?
Identify the function of RBI as indicated by the following image.

How does the central bank act as a lender as the last resort?
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.
Explain the banker’s bank function of the Central Bank.
