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प्रश्न
Central bank is owned by the ____ while commercial bank is owned by ______.
पर्याय
Shareholders, shareholders
Government, shareholders
Shareholders, government
None of these
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उत्तर
Central bank is owned by the government while commercial bank is owned by shareholders.
Explanation:
- Central banks are often owned by the government or the public sector, which gives them some independence in carrying out their monetary policy objectives.
- Commercial banks, on the other hand, are privately owned by individuals or shareholders and function solely for profit.
संबंधित प्रश्न
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Types of banks
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Choose the Correct Answer.
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What are Foreign Banks?
Mention the purposes of Agricultural and Cooperative banks?
What is a Central Bank?
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
Name the central bank of our country.
Distinguish between saving account and current account.
What is a commercial bank?
Give two agency functions of commercial banks.
Describe the advantages of opening a bank account.
The ______ of a country serves as the leader of the banking system and the money market.
Explain the four functions of the Reserve Bank of India.
