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प्रश्न
What is meant by the central bank of a country?
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उत्तर
The central bank leads the money market and regulates credit volume to ensure stability. Credit money accounts for a significant portion of the country's total money supply. Excess credit leads to higher pricing, imports, and decreased exports, which in turn result in an unfavorable payment balance.
The goal of credit control is described below:
- The stability of internal prices.
- The foreign exchange rate is stable.
- Promoting high employment.
संबंधित प्रश्न
Any ‘five types’ of banks.
Distinguish between the following:
Current account & Recurring deposit account
Choose the Correct Answer.
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What do you mean by Industrial Banks?
Briefly explain about Correspondent Banks?
Explain the various types of banks based on organization with examples.
Which of the following banks regulate the supply of money in the economy?
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
RBI is ______.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
Name the central bank of our country.
What is meant by an overdraft facility given by a commercial bank?
What are the important functions of Central Bank? Which of these functions are more important in a country like India?
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Explain the four functions of the Reserve Bank of India.
What is the main function of commercial banks like SBI and HDFC?
Which bank specifically supports India’s exports and imports through long-term finance?
How do banks act as financial intermediaries in an economy?
