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प्रश्न
It acts as the bankers' bank.
पर्याय
Commercial Bank
Central Bank
Specialised Bank
None of these
MCQ
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उत्तर
Central Bank
Explanation:
- The Reserve Bank of India is our country's central bank and the bankers' bank.
- It carries out the country's monetary policy because it occupies a central position in the country's banking system.
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संबंधित प्रश्न
Write Short Note on the following:
Types of banks
State with Reasons whether the following statement is TRUE or FALSE:
Central bank (RBI) connot accept deposit from the public.
Give the meaning of Commercial Banks?
Write a short note on Local Area Banks, Give two examples.
Explain the various types of banks based on organization with examples.
Public Banks are the banks which are ______.
It carries out the country's monetary policy.
“The central bank is a banker’s bank.” Explain.
Distinguish between saving account and current account.
Give two agency functions of commercial banks.
