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प्रश्न
The ______ of a country serves as the leader of the banking system and the money market.
पर्याय
Commercial Bank
Central Bank
Specialised Bank
None of these
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उत्तर
The central bank of a country serves as the leader of the banking system and the money market.
Explanation:
The central bank is the apex institution that controls and regulates the entire banking system of a country. It manages the money supply, issues currency, supervises commercial banks, and maintains financial stability. It also acts as the leader of the money market by formulating monetary policies and guiding the overall economy.
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संबंधित प्रश्न
Select the proper option from the options given below and rewrite the sentences:
In E-business, payments have to be made ______
Explain the types of banks?
Which of the following is a Commercial Bank?
It acts as the bankers' bank.
It carries out the country's monetary policy.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
______ is a Banker’s Bank.
Which type of bank is called the apex bank of India?
Regional Rural Banks (RRBs) are primarily established to ______.
