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Mention Two Differences Between the Central Bank and a Commercial Bank. - Economics

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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?

अंतर स्पष्ट करें
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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.
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Notes

Students should refer to the answer according to their questions.

  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Banks: Commercial Bank and Central Bank - TEST YOURSELF QUESTIONS [पृष्ठ २७४]

APPEARS IN

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