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प्रश्न
Discuss the role of the Central Bank as the fiscal agent to the government.
How does the central bank act as a fiscal agent to the government?
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उत्तर १
As a fiscal agent, it performs the following functions:
- It manages the public borrowings.
- It collects taxes and other payments on behalf of the government.
- It represents the government in international financial institutions (such as the World Bank, the International Monetary Fund, etc.) and conferences.
उत्तर २
The central bank (RBI) is considered a fiscal agency of the government because it makes and receives payments on behalf of the government. It issues public debt and advises on monetary and financial policies. Thus, the RBI operates as the government's fiscal agent.
संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
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.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Which function of RBI is indicated by the above image?
The Central bank is having the authority to regulate the amount of money supply in the economy.
Based on the above explain the following.
- Credit Rationing
- CRR
- Regulation of Margin Requirements
- Bank Rate
Which of the following is/are the function(s) of central bank.
The ______ is the central bank of our country which has the authority to print currency notes.
Explain the 'Clearing House Function' of the central bank.
Identify which of the following is not the function of the central bank?
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.
How is Bank rate altered to correct a depression in an economy?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the following function of the central bank of a country.
Developmental functions.
Name the institution that enjoys the monopoly of note issue in India.
