Advertisements
Advertisements
प्रश्न
It acts as the bankers' bank.
विकल्प
Commercial Bank
Central Bank
Specialised Bank
None of these
MCQ
Advertisements
उत्तर
Central Bank
Explanation:
- The Reserve Bank of India is our country's central bank and the bankers' bank.
- It carries out the country's monetary policy because it occupies a central position in the country's banking system.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
How is a commercial bank different from a central bank?
Write Short Note on the following:
Types of banks
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
RBI is ______.
It carries out the country's monetary policy.
“The central bank is a banker’s bank.” Explain.
What is a commercial bank?
______ is a Banker’s Bank.
Why was EXIM Bank set up in India?
Small Finance Banks are mainly designed to serve ______.
