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प्रश्न
______ is a Banker’s Bank.
पर्याय
Commercial Bank
Agricultural Bank
Exchange Bank
Central Bank
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उत्तर
Central Bank is a Banker’s Bank.
Explanation:
The Central Bank (such as the Reserve Bank of India) serves as a “Banker’s Bank” by holding a percentage of commercial banks’ cash reserves and overseeing their centralized clearing accounts. It has a unique regulatory relationship with commercial banks, offering lending facilities and serving as their mandated lender of last resort during financial crises.
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संबंधित प्रश्न
How is a commercial bank different from a central bank?
Select the proper option from the options given below and rewrite the sentences:
In E-business, payments have to be made ______
Mention two differences between the Central Bank and a Commercial Bank.
Give the meaning of Commercial Banks?
Briefly explain about Correspondent Banks?
Explain the types of banks based on ownership patterns.
It carries out the country's monetary policy.
Central bank is owned by the ____ while commercial bank is owned by ______.
Distinguish between saving account and current account.
What are the important functions of Central Bank? Which of these functions are more important in a country like India?
