हिंदी

The rate of which commercial banks borrow from the Central Bank is the: - Economic Applications

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प्रश्न

The rate of which commercial banks borrow from the Central Bank is the:

विकल्प

  • Bank rate

  • Deposit rate

  • Lending rate

  • None of these

MCQ
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उत्तर

Bank rate

Explanation:

The bank rate is the rate at which commercial banks borrow from the central bank. It is defined as "the rate at which the central bank is ready to rediscount the first-class securities and bills presented before it by the commercial banks." Central banks employ the bank rate as a monetary policy tool to influence the economy.

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Monetary Policy of the Central Bank
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अध्याय 9: Central Banks - QUESTIONS [पृष्ठ २१३]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 9 Central Banks
QUESTIONS | Q 20. | पृष्ठ २१३

संबंधित प्रश्न

Briefly explain two qualitative methods of credit control adopted by this institution.


During deflation, the Central Bank usually ______.


______ is a quantitative method of credit control.


In order to encourage investment in the economy, the central bank may ______.


Observe the relationship of the first pair of words and complete the second pair. 

Quantitative method of credit control by the central bank : Bank rate.

Quantitative method of credit control by the central bank : 


Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Increase in cash reserve ratio adversely affects the capacity of commercial banks to create credit.

Reason (R): An increase in cash reserve ratio reduces the excess reserves of commercial banks and hence limits their credit creating power.


Define the term Statutory Liquidity Ratio.


Which of the following statements are correct and which are incorrect? Give reasons.

  1. Central bank is a currency authority.
  2. Bank rate is a qualitative method of credit control.
  3. Quantitative methods regulate direction of credit.
  4. Bank rate is the rate at which commercial banks give loans to the public.
  5. Central bank should sell government securities when credit is to be expanded.

Identify the following Credit Control measures undertaken by the Central Bank during inflation.

The Central Bank increases the rate at which it lends to the Commercial Bank. 


Which are qualitative methods of credit control?


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