Advertisements
Advertisements
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
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
A bank which is known as bankers bank.
Reserve Bank of India cannot accept deposits from public.
Write Short Note on the following:
Types of banks
Explain the different types of banks.
Explain the various types of banks based on organization with examples.
It acts as the bankers' bank.
The ______ of a country serves as the leader of the banking system and the money market.
How do exchange banks help in financing foreign trade?
Explain the four functions of the Reserve Bank of India.
Development banks like SIDBI and NABARD mainly focus on ______.
