हिंदी

Which of the following is not a function of a commercial bank? - Economic Applications

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प्रश्न

Which of the following is not a function of a commercial bank? 

विकल्प

  • Accepting deposits from public

  • Note issue

  • Giving loans

  • Credit creation 

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उत्तर

Note issue

Explanation:

The function of note issuance is not performed by commercial banks; it is the responsibility of the central bank. 

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Functions of a Central Bank
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Central Banks - QUESTIONS [पृष्ठ २१२]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 9 Central Banks
QUESTIONS | Q 9. | पृष्ठ २१२
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 8 Central Bank
Exercise | Q 9. | पृष्ठ १५७

संबंधित प्रश्न

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.


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.


  1. In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.

Central bank is the ______ of the country's foreign currency reserves.


Which of the following is/are the function(s) of central bank.


The ______ is the central bank of our country which has the authority to print currency notes.


What is meant by clearing house function of the RBI?


Explain the 'Clearing House Function' of the central bank.


The central bank acts as ______.


Which of the following statements are true?

  1. The Reserve Bank of India is the central bank of the country.
  2. All currency notes (except one rupee note) bear the signature of Governor, RBI.
  3. The objective of the Reserve Bank of India is to earn profit.

Identify the function of RBI as indicated by the following image.


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.


The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government. 


Explain the following function of the central bank of a country.

Developmental functions.


Discuss the role of the Central Bank as the fiscal agent to the government. 


Name the institution that enjoys the monopoly of note issue in India.


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