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प्रश्न
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
विकल्प
Brings uniformity
Increases public confidence
Exercises better control over the money supply
All of the above
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उत्तर
All of the above
Explanation:
Following are the main reasons for giving the monopoly right of note-issue to the central bank.
- It brings about uniformity in note circulation.
- It is easier to control money supply when there is a single agency of note issue.
- It keeps the public faith in the paper currency.
- It helps in the stabilisation of the internal and external value of the currency.
संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
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.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
The Central bank is having the authority to regulate the amount of money supply in the economy.
Based on the above explain the following.
- Credit Rationing
- CRR
- Regulation of Margin Requirements
- Bank Rate
Central bank is the ______ of the country's foreign currency reserves.
Explain the 'Clearing House Function' of the central bank.
Identify which of the following is not the function of the central bank?
Which of the following is not a function of a commercial bank?
The central bank acts as ______.
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.
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.
Give two reasons why the central banks enjoy monopoly of note issue.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Name the institution that enjoys the monopoly of note issue in India.
