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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
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.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Central bank is the ______ of the country's foreign currency reserves.
What is meant by clearing house function of the RBI?
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Central Bank acts as a banker to the Government.
Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.
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 does the central bank act as a lender as the last resort?
How is Bank rate altered to correct a depression in an economy?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the following function of the central bank of a country.
Developmental functions.
