Advertisements
Advertisements
प्रश्न
In a developing economy like India, which of the following is an important developmental role of the central bank?
पर्याय
Fixing the salaries of all bank employees
Promoting and developing financial institutions and supporting priority sectors
Conducting only foreign trade
Preparing the Union Budget
MCQ
Advertisements
उत्तर
Promoting and developing financial institutions and supporting priority sectors
Explanation:
The central bank helps development by promoting banking, creating institutions like NABARD/IDBI, stabilising foreign exchange, and supporting sectors such as agriculture and small industry.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
