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प्रश्न
Explain the following function of the central bank of a country.
Developmental functions.
थोडक्यात उत्तर
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उत्तर
Following are the developmental functions:
- The central bank helps in the development of money and capital market in the country.
- It undertakes measures to maintain price stability necessary for the growth of an economy.
- It undertakes suitable measures to maintain exchange rate stability which is very crucial for the growth and development of international trade.
- It provides essential training to the staff of the banking industry.
- By adopting a low interest policy, the Reserve Bank of India (RBI) encourages investment in the development projects.
- The RBI publishes data on several sectors of the economy.
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Functions of a Central Bank
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पाठ 9: Central Banks - QUESTIONS [पृष्ठ २१५]
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संबंधित प्रश्न
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 ______.
______ is the main function of central bank.
The central bank acts as ______.
Which of the following statements are true?
- The Reserve Bank of India is the central bank of the country.
- All currency notes (except one rupee note) bear the signature of Governor, RBI.
- The objective of the Reserve Bank of India is to earn profit.
Identify the function of RBI as indicated by the following image.
Give two reasons why the central banks enjoy monopoly of note issue.
Who normally keep their deposits in the Central Bank?
Explain the banker’s bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
