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प्रश्न
Briefly explain about Central Bank.
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उत्तर
Every nation has one central bank. It is owned by the Government of the country. The control over the entire banking system of a country is vested with this apex bank. Central banks are known by different names in different countries. In India, the Reserve Bank of India (RBI) is the central bank.
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संबंधित प्रश्न
There is no difference between the Central bank and a commercial bank.
What is a central bank?
Match the following Group ‘A’ with Group ‘B’
| Group A | Group B |
| (a) Electricity | (1) Inelastic demand |
| (b) Complementary goods | (2) Share brokers |
| (c) Pension | (3) Elastic demand |
| (d) D - mat account | (4) Composite demand |
| (e) Central Bank | 5) Transfer income |
| (6) Primary function of Commercial Banks | |
| (7) ATM facility | |
|
(8) Apex banking institution
|
Explain, with reason, whether you Agree or Disagree with the following statement :
Central Bank is a profit making institution ?
Fill in the blanks with appropriate alternatives given in the bracket.
To increase credit creation Central Bank __________ the debentures.
Give reason or explain.
As a banker to the government, the Central Bank transfers government funds.
In order to encourage investment in the economy, the Central Bank may ______.
Choose the Correct Answer.
The Central bank of India is ______
Why is the central bank called the “lender of last resort”?
In a developing economy like India, which of the following is an important developmental role of the central bank?
