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प्रश्न
The ______ is the central bank of our country which has the authority to print currency notes.
विकल्प
ICICI
RBI
PNB
HDFC
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उत्तर
The RBI is the central bank of our country which has the authority to print currency notes.
Explanation:
- Generally, the central bank of a country has the monopoly to issue currency notes.
- Government grants the exclusive right to the central bank to issue notes on its behalf.
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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.
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
Which of the following is/are the function(s) of central bank.
What is meant by clearing house function of the RBI?
______ is the main function of central bank.
Identify which of the following is not the function of the central bank?
The central bank acts as ______.
Identify the function of RBI as indicated by the following image.
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
