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प्रश्न
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
विकल्प
Monopoly of note issue
Government’s bank
Clearing house function
Developmental function
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उत्तर
Clearing house function
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संबंधित प्रश्न
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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.
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Give two reasons why the central banks enjoy monopoly of note issue.
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