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प्रश्न
Identify the function of RBI as indicated by the following image.
विकल्प
Banker to the banks
Fiscal agent to the government
Credit control
Custodian of foreign exchange reserve
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उत्तर
Credit control
Explanation:
The picture shows the RBI manipulating interest rates (raising it by 25 basis points), indicating the Reserve Bank of India's credit control function. The RBI regulates the money supply and controls inflation or deflation in the economy using credit control tools such as interest rate adjustments, reserve ratios, and open market operations.
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संबंधित प्रश्न
Give two major functions of the central bank of our country.
______ is the main function of central bank.
Identify which of the following is not the function of the central bank?
The central bank acts as ______.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
Explain the following function of the central bank of a country.
Developmental functions.
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.
