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प्रश्न
Explain the following function of the Central Bank:
Fiscal agent of the government.
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उत्तर
As a fiscal agent, the Central Bank performs the following functions:
- It manages the public borrowings for the government.
- It collects taxes and other payments on behalf of the government.
- It acts as the government agent to enforce foreign exchange control.
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संबंधित प्रश्न
Answer the following question.
Explain the 'lender of last resort' function of central bank.
State whether the following statement is True or False:
The main objective of the Central Bank is to earn a profit.
Explain 'Bankers' Bank' function of the central bank.
Distinguish between the following.
Commercial Bank and Central Bank.
State whether the following statements are True or False with reasons (Any Four) :
The Central bank works as a Bankers’ Bank.
Define or Explain the following concept.
Clearing House System
Write short note on:
Regulation of Margin Requirements
State with reason whether you agree or disagree with the following statement.
A co-operative bank acts as a lender of the last resort.
State with reason whether you 'agree' or 'disagree' with the following statement.
Central bank is a bank which issues notes.
Elaborate the ‘Banker’s Bank and Supervisor’ function performed by the Reserve Bank of India.
