Advertisements
Advertisements
प्रश्न
Explain the following function of the Central Bank:
Fiscal agent of the government.
Advertisements
उत्तर
As a fiscal agent, the Central Bank performs the following functions:
- It manages the public borrowings for the government.
- It collects taxes and other payments on behalf of the government.
- It acts as the government agent to enforce foreign exchange control.
APPEARS IN
संबंधित प्रश्न
Clearing house system economises the use of cash.
The Central bank may take direct action against the defaulting commercial banks.
Answer the following question.
Explain the 'lender of last resort' function of central bank.
Explain bankers bank function of a Central bank.
Define or Explain the following concept.
Clearing House System
Give reason or explain.
The CRR affects the lending capacity of the banks.
Write short note on:
Regulation of Margin Requirements
Write Short note on :
Cash Reserve Ratio (CRR)
Explain the functions of the Central Bank.
Elaborate the ‘Banker’s Bank and Supervisor’ function performed by the Reserve Bank of India.
