Advertisements
Advertisements
प्रश्न
Explain the following function of the central bank of a country.
Developmental functions.
Advertisements
उत्तर
Following are the developmental functions:
- The central bank helps in the development of money and capital market in the country.
- It undertakes measures to maintain price stability necessary for the growth of an economy.
- It undertakes suitable measures to maintain exchange rate stability which is very crucial for the growth and development of international trade.
- It provides essential training to the staff of the banking industry.
- By adopting a low interest policy, the Reserve Bank of India (RBI) encourages investment in the development projects.
- The RBI publishes data on several sectors of the economy.
APPEARS IN
संबंधित प्रश्न
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
Which function of RBI is indicated by the above image?
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.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Which of the following statements are true?
- The Reserve Bank of India is the central bank of the country.
- All currency notes (except one rupee note) bear the signature of Governor, RBI.
- The objective of the Reserve Bank of India is to earn profit.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Discuss the role of the Central Bank as the fiscal agent to the government.
Explain the banker’s bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
