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प्रश्न
The ______ of a country serves as the leader of the banking system and the money market.
विकल्प
Commercial Bank
Central Bank
Specialised Bank
None of these
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उत्तर
The central bank of a country serves as the leader of the banking system and the money market.
Explanation:
The central bank is the apex institution that controls and regulates the entire banking system of a country. It manages the money supply, issues currency, supervises commercial banks, and maintains financial stability. It also acts as the leader of the money market by formulating monetary policies and guiding the overall economy.
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संबंधित प्रश्न
Any ‘five types’ of banks.
Distinguish between the following:
Current account & Recurring deposit 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 Foreign Banks?
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
What is a Central Bank?
Central bank is owned by the ____ while commercial bank is owned by ______.
What is meant by the central bank of a country?
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
