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प्रश्न
Identify which of the following is not the function of the central bank?
पर्याय
Banking facilities to government.
Banking facilities to public.
Lendings to government.
Lendings to commercial banks.
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उत्तर
Banking facilities to public.
Explanation:
The central bank (such as the Reserve Bank of India) primarily serves the government and commercial banks but does not directly provide banking services to the common population. Commercial banks are responsible for providing banking services to the general public, such as accepting deposits, making loans, and offering savings accounts.
संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
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.
The ______ is the central bank of our country which has the authority to print currency notes.
Explain the 'Clearing House Function' of the central bank.
______ is the main function of central bank.
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.
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.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the following function of the central bank of a country.
Developmental functions.
Discuss the role of the Central Bank as the fiscal agent to the government.
Name the institution that enjoys the monopoly of note issue in India.
