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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Define Or Explain the Following Concept. Prof. Samuelson'S Definition of Central Bank

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प्रश्न

Define or Explain the following concept.

Prof. Samuelson's definition of Central Bank 

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उत्तर

According to Prof. Samuelson “Central Bank is a bank of bankers. Its duty is to control the monetary base, through the control of high powered money, to control the community's supply of money.”

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पाठ 13: Central Banking - Exercise 2 [पृष्ठ १२१]

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मायकल वाझ Economics [English] 12 Standard HSC
पाठ 13 Central Banking
Exercise 2 | Q 1.1 | पृष्ठ १२१

संबंधित प्रश्‍न

The RBI was nationalised in the year 1935.


Meaning and Definition of Central bank?


There is no difference between the Central bank and a commercial bank.


Explain the role of the Reserve Bank of India as the “lender of last resort”.


What is a central bank? 


Fill in the blank using proper alternative given in the bracket:

......................... is the apex body of the monetary and banking system of the nation’s economy.


Give reason or explain the following.

Cash reserve ratio (CRR) affects the lending capacity of banks.


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

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. 


State whether the following statements are True or False: 

Central Bank acts as a lender of the last resort.

 

 


Define or explain the concept of Lender of the last resort .


State whether the following statement is True or False with reason:

Central Bank works for profit.


Rewrite the following sentences by using proper substitute given in the bracket: 

__________ has monopoly to issue the currency notes. 


Fill in the blank with appropriate alternatives given below

____________ is the apex body of the monetary and banking systems of the nation's economy.


Fill in the blank with appropriate alternatives given below

Reserve Bank of India was established in _____________.


Define the following concept.

Open Market Operation 


Define or Explain the following concept.

Moral suasion


Define or Explain the following concept.

Cash Reserve Ratio 


Give reason or explain.

As a banker to the government, the Central Bank transfers government funds. 


Write short note on:

Definition of a Central Bank 


Fill in the blank using appropriate alternatives given below

The e - banking facility is provided through _________


Choose the Correct Answer.

Which of the following is not a function of a central bank?


Briefly explain about Central Bank.


Central Bank is an ______.


Which statement best describes the central bank?


The Reserve Bank of India began its operations on ______.


As “bank of issue”, the central bank mainly ______.


Why is the central bank called the “lender of last resort”?


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