Advertisements
Advertisements
प्रश्न
Mention two differences between the Central Bank and a Commercial Bank.
Write any two differences between:
Central and Commercial banks
How is a commercial bank different from a central bank?
Write three differentiate between commercial and central bank.
How does a central bank differ from a commercial bank?
Give any three points of difference between Central Bank and Commercial Bank.
To what extent does Central Bank differ from Commercial Banks?
Advertisements
उत्तर
| Points of Difference | Central Bank | Commercial Bank |
| Status | It is the apex institution of the country’s monetary and banking structure. | It is one of the organs of the money market. |
| Ownership | It is owned by the government. | It is owned by shareholders. |
| Objective | It is a non-profit institution. | It is a profit-making institution. |
| Customers | It is a banker to the government. | It is a banker to the general public. |
| Issue of Notes | It has the monopoly on note issuance. | It cannot issue notes but only denques. |
| Credit Control | It controls credit according to the country’s needs. | It creates credit to meet the needs of business. |
Notes
Students should refer to the answer according to their questions.
APPEARS IN
संबंधित प्रश्न
A bank which is known as bankers bank.
How is a commercial bank different from a central bank?
Distinguish between the following:
Current account & Recurring deposit account
State with Reasons whether the following statement is TRUE or FALSE:
Central bank (RBI) connot accept deposit from the public.
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
Choose the Correct Answer.
Which bank is not an Industrial Bank?
Choose the Correct Answer.
Foreign banks are begun their operation since ______
What are the objectives involved in Regional Rural Banks?
Mention the purposes of Agricultural and Cooperative banks?
Explain the types of banks based on ownership patterns.
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
Public Banks are the banks which are ______.
It carries out the country's monetary policy.
Central bank is owned by the ____ while commercial bank is owned by ______.
Name one development bank.
"The central bank is the lender of the last resort." Explain.
Distinguish between saving account and current account.
What is a commercial bank?
Give two agency functions of commercial banks.
Explain main functions of commercial bank.
What is a Banker’s Cheque?
Which type of bank mainly provides long-term credit for agriculture?
Development banks like SIDBI and NABARD mainly focus on ______.
Which type of bank is most closely associated with foreign trade finance and foreign exchange services?
