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प्रश्न
Meaning and Definition of Central bank?
Define or Explain the following concepts
Central Bank
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उत्तर १
Meaning: - The central bank is the apex bank in the country. It enjoys the apex position in the country’s monetary and banking structure. It regulates and monitors the banking and monetary system in the country.
In India, the Reserve Bank of India is the Central bank it was established in 1935. Some of the prominent central banks include Bank of England. Federal Reserve Bank (USA), People’s Bank of China and so on.
Definitions: - “A central Bank is one which constitutes the apex of the monetary and banking structure of its country, and which performs as best as it can in the national interest, certain functions such as note issue, banker to the government, banker to the banks, and custodian of country’s foreign exchange reserves”.
उत्तर २
Central Bank is the apex institution of a country's monetary system that regulates and controls the activities of all the commercial banks and other financial institutions of the country. It plays an important role in the organisation and development of a sound monetary and financial system in an economy.
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संबंधित प्रश्न
The RBI was nationalised in the year 1935.
There is no difference between the Central bank and a commercial bank.
The central bank can increase availability of credit by: (Choose the correct alternative)
(a) Raising repo rate
(b) Raising reverse repo rate
(c) Buying government securities
(d) Selling government securities
Explain the role of the Reserve Bank of India as the “lender of last resort”.
What is a central bank?
Give reason or explain the following.
Cash reserve ratio (CRR) affects the lending capacity of banks.
Match the following Group ‘A’ with Group ‘B’
| Group A | Group B |
| (a) Electricity | (1) Inelastic demand |
| (b) Complementary goods | (2) Share brokers |
| (c) Pension | (3) Elastic demand |
| (d) D - mat account | (4) Composite demand |
| (e) Central Bank | 5) Transfer income |
| (6) Primary function of Commercial Banks | |
| (7) ATM facility | |
|
(8) Apex banking institution
|
Give reason or explain the following statement:
Central Bank acts as a lender of the last resort.
Match the following:
| Group A | Group B |
| a. Demand and Price | (1) Interest |
| b. Stock | (2) Stock |
| c. Reward of Capital | (3) Reserve Bank of India |
| d. Unemployment allowance | (4) Bank of India |
| e. Central Bank | (5) Direct relation |
| (6) Potential Supply | |
| (7) Transfer Income | |
| (8) Inverse relation |
Explain, with reason, whether you Agree or Disagree with the following statement :
Central Bank is a profit making institution ?
Fill in the blanks using proper alternatives given in the bracket
____________ bank has the monopoly of note issue.
State whether the following statements are True or False:
Central Bank acts as a lender of the last resort.
Define or explain the concept of Lender of the last resort .
State whether the following statement is True or False with reason:
Central Bank works for profit.
Rewrite the following sentences by using proper substitute given in the bracket:
__________ has monopoly to issue the currency notes.
Fill in the blank with appropriate alternatives given below
____________ is the apex body of the monetary and banking systems of the nation's economy.
Fill in the blank with appropriate alternatives given below
Reserve Bank of India was established in _____________.
Match the following:
| Group A | Group B |
| 1. Central bank | a. Quantitative measure of credit |
| 2. Clearing house | b. Apex banking institution |
| 3. Credit control | c. Deliberate buying and selling of government securities |
| 4. Direct action | d. Selective method of credit control |
| 5. Open market operations | e. Central bank |
| f. Government | |
| g. S.L.R. (Statutory Liquidity Ratio) |
Define or Explain the following concept.
Prof. Samuelson's definition of Central Bank
Define the following concept.
Open Market Operation
Define or Explain the following concept.
Moral suasion
Give reason or explain.
A Central Bank may take 'Direct Action' against the defaulting commercial banks.
Write short note on:
Definition of a Central Bank
Fill in the blank using appropriate alternatives given below
The e - banking facility is provided through _________
In order to encourage investment in the economy, the Central Bank may ______.
Choose the Correct Answer.
Which of the following is not a function of a central bank?
Briefly explain about Central Bank.
Which statement best describes the central bank?
The Reserve Bank of India began its operations on ______.
As “bank of issue”, the central bank mainly ______.
Why is the central bank called the “lender of last resort”?
In a developing economy like India, which of the following is an important developmental role of the central bank?
