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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
The RBI was nationalised in the year 1935.
What is a central bank?
Give reason or explain the following.
Cash reserve ratio (CRR) affects the lending capacity of banks.
Give reason or explain the following statement:
Central Bank acts as a lender of the last resort.
Fill in the blanks using proper alternatives given in the bracket
____________ bank has the monopoly of note issue.
Fill in the blank with appropriate alternatives given below
____________ is the apex body of the monetary and banking systems of the nation's economy.
Define the following concept.
Open Market Operation
Define or Explain the following concept.
Cash Reserve Ratio
In order to encourage investment in the economy, the Central Bank may ______.
Which statement best describes the central bank?
