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प्रश्न
Which of these banks formulates the credit control tools?
विकल्प
Canara bank
Industrial Development Bank of India
State Bank of India
Reserve Bank of India
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उत्तर
Reserve Bank of India
Explanation:
The Reserve Bank of India (RBI) is the country's central bank, responsible for creating and carrying out monetary policy, including credit control instruments.
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संबंधित प्रश्न
Credit creation by commercial banks is determined by (Choose the correct alternative)
Do you consider a commercial bank ‘creator of money’ in the economy’?
Answer the following question.
What role does it play in determining the credit creation power of the banking system? Use a numerical illustration to explain.
______ is the rate of interest charged by the central bank on loans given to the commercial bank.
Deposits made by the people from their own resources are called ______.
What is meant by credit creation?
State the advantage of a credit card over currency notes.
What is money multiplier?
If CRR is 20% and initial deposit is ₹1000, total deposits created are ______.
The key assumption for perfect credit creation is ______.
