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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.
Give two major functions of the central bank of our country.
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.
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.
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
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.
- Briefly explain two qualitative methods of credit control adopted by this institution.
