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
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?
Which of the following is/are the function(s) of central bank.
Which of the following is not a function of a commercial bank?
The central bank acts as ______.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Explain the banker’s bank function of the Central Bank.
- Name the institution that enjoys the monopoly of note issue in India.
- Briefly explain two qualitative methods of credit control adopted by this institution.
