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प्रश्न
Central bank is the ______ of the country's foreign currency reserves.
पर्याय
Dealer
Consumer
Custodian
User
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उत्तर
Central bank is the Custodian of the country's foreign currency reserves.
Explanation:
The central bank handles crises related to an unfavourable balance of payments positions and serves as the only consumer of foreign exchange reserves.
APPEARS IN
संबंधित प्रश्न
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
Which function of RBI is indicated by the above image?
Give two major functions of the central bank of our country.
What is meant by clearing house function of the RBI?
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Identify the function of RBI as indicated by the following image.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
Give two reasons why the central banks enjoy monopoly of note issue.
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the following function of the central bank of a country.
Developmental functions.
