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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
Write Short Note on the following:
Types of banks
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
Which of the following is a Commercial Bank?
It carries out the country's monetary policy.
Central bank is owned by the ____ while commercial bank is owned by ______.
“The central bank is a banker’s bank.” Explain.
What is a commercial bank?
______ is a Banker’s Bank.
How do exchange banks help in financing foreign trade?
Explain the four functions of the Reserve Bank of India.
