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
What is meant by clearing house function of the RBI?
______ is the main function of central bank.
Identify which of the following is not the function of the central 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.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Who normally keep their deposits in the Central Bank?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Discuss the role of the Central Bank as the fiscal agent to the government.
