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प्रश्न
Distinguish between.
Central Bank and Commercial Bank
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उत्तर
| Central Bank | Commercial Bank |
| 1. Function: The main function of the central bank is to regulate the money supply in the country. |
The main function is to accept deposits from the public and lend it to industry and others. |
| 2. Printing of Currency: The central bank can print currency notes. |
Commercial banks cannot print currency |
| 3. Acceptance of Deposits: The central bank does not accept deposits from the public. |
Commercial banks accept deposits from the public. |
| 4. Loans The central bank provides loans to bankers and financial institutions. |
Commercial banks provide loans to industry and commerce. |
| 5. Ownership: It is owned and controlled by the government of India. |
It can be owned by private and/or government agencies. |
| 6. Number of Banks: There is only one Central Bank (RBI) in India. |
There are many commercial banks in India. |
| 7. Monetary policy The Central Bank frames the monetary and credit policy. |
Commercial banks do not frame any monetary policy |
|
8. Control The central bank keeps a check on commercial banks. |
Commercial banks do not keep a check on the central bank. |
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संबंधित प्रश्न
Distinguish between the following:
Current account & Savings account
Find the odd one.
Find the odd one.
The term bank comes from the French word ______.
Correct the underlined word and rewrite the following sentence.
Overdraft facility is available for savings bank account holders.
Correct the underlined word and rewrite the following sentence.
The foreign bank is the apex financial institution in the banking industry in the country.
Explain the following term/concept.
Banking
Distinguish between.
Savings Account and Current Account
State four types of deposits.
The word bank comes from French word _______.
Select the correct option.
(no need to carry cash, intangible, fund transfer system, accepting deposits, niche banks in India)
| Group A | Group B |
| A. _____________ | services |
| B. commercial bank | ______________ |
| C. _____________ | Small finance bank |
| D. credit cards | _______________ |
| E. _____________ | RTGS |
What is demand deposits?
What is exchange bank?
Correct the underlined word and rewrite the sentence.
The commercial bank is the apex financial institution in banking industry in the country.
Justify the following statement.
Business services are necessary.
Explain the following term/concept in detail.
Central Bank
