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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
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
Which of the following is/are the function(s) of central bank.
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.
Identify the function of RBI as indicated by the following image.
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.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Discuss the role of the Central Bank as the fiscal agent to the government.
- Name the institution that enjoys the monopoly of note issue in India.
- Briefly explain two qualitative methods of credit control adopted by this institution.
