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प्रश्न
Explain the following function of the central bank of a country.
Developmental functions.
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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.
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संबंधित प्रश्न
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
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.
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
Give two major functions of the central bank of our country.
What is meant by clearing house function of the RBI?
______ is the main function of central bank.
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.
How is Bank rate altered to correct a depression in an economy?
Discuss the role of the Central Bank as the fiscal agent to the government.
Name the institution that enjoys the monopoly of note issue in India.
