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प्रश्न
The ______ is the central bank of our country which has the authority to print currency notes.
पर्याय
ICICI
RBI
PNB
HDFC
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उत्तर
The RBI is the central bank of our country which has the authority to print currency notes.
Explanation:
- Generally, the central bank of a country has the monopoly to issue currency notes.
- Government grants the exclusive right to the central bank to issue notes on its behalf.
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संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Which of the following is/are the function(s) of central bank.
Give two major functions of the central bank of our country.
Explain the 'Clearing House Function' of the central bank.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Central Bank acts as a banker to the Government.
Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.
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.
Who normally keep their deposits in the Central Bank?
Name the institution that enjoys the monopoly of note issue in India.
