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प्रश्न
Identify the function of RBI as indicated by the following image.
पर्याय
Banker to the banks
Fiscal agent to the government
Credit control
Custodian of foreign exchange reserve
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उत्तर
Credit control
Explanation:
The picture shows the RBI manipulating interest rates (raising it by 25 basis points), indicating the Reserve Bank of India's credit control function. The RBI regulates the money supply and controls inflation or deflation in the economy using credit control tools such as interest rate adjustments, reserve ratios, and open market operations.
APPEARS IN
संबंधित प्रश्न
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
Which function of RBI is indicated by the above image?
Give two major functions of the central bank of our country.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Which of the following is not a function of a commercial bank?
The central bank acts as ______.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
How does the central bank act as a lender as the last resort?
Give two reasons why the central banks enjoy monopoly of note issue.
Discuss the role of the Central Bank as the fiscal agent to the government.
