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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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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.
The central bank can increase availability of credit by: (Choose the correct alternative)
(a) Raising repo rate
(b) Raising reverse repo rate
(c) Buying government securities
(d) Selling government securities
What is a central bank?
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.
Match the following:
| Group A | Group B |
| a. Demand and Price | (1) Interest |
| b. Stock | (2) Stock |
| c. Reward of Capital | (3) Reserve Bank of India |
| d. Unemployment allowance | (4) Bank of India |
| e. Central Bank | (5) Direct relation |
| (6) Potential Supply | |
| (7) Transfer Income | |
| (8) Inverse relation |
Explain, with reason, whether you Agree or Disagree with the following statement :
Central Bank is a profit making institution ?
Fill in the blanks using proper alternatives given in the bracket
____________ bank has the monopoly of note issue.
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 blanks with appropriate alternatives given in the bracket.
To increase credit creation Central Bank __________ the debentures.
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.
Give reason or explain.
A Central Bank may take 'Direct Action' against the defaulting commercial banks.
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.
The Central bank of India is ______
Choose the Correct Answer.
Which of the following is not a function of a central bank?
Briefly explain about Central Bank.
