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प्रश्न
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
पर्याय
Commercial Bank, central bank
Central Bank, commercial bank
Specialised Bank, central bank
Commercial bank, specialised bank
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उत्तर
Central Bank is the apex institution of the country's monetary and banking structure where as commercial bank is one of the organs of the money market.
Explanation:
The Central Bank (such as the Reserve Bank of India) serves as the highest monetary authority because it has the authority to formulate monetary policy, issue currency, and regulate the whole financial system. A commercial bank, on the other hand, acts as one of the money market's operating organs by accepting short-term deposits and providing commercial loans directly to the general public.
संबंधित प्रश्न
Write Short Note on the following:
Types of banks
Explain the types of banks?
Explain the different types of banks.
Give the meaning of Commercial Banks?
What do you mean by Industrial Banks?
Explain the various types of banks based on organization with examples.
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
Which of the following is a Commercial Bank?
It acts as the bankers' bank.
Name the largest commercial bank of India.
Name one development bank.
"The central bank is the lender of the last resort." Explain.
What is a Banker’s Cheque?
The ______ of a country serves as the leader of the banking system and the money market.
Why was EXIM Bank set up in India?
Which type of bank is called the apex bank of India?
Development banks like SIDBI and NABARD mainly focus on ______.
How do banks act as financial intermediaries in an economy?
