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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
Any ‘five types’ of banks.
Reserve Bank of India cannot accept deposits from public.
Explain the types of banks?
Mention two differences between the Central Bank and a Commercial Bank.
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
RBI is ______.
It carries out the country's monetary policy.
Give two agency functions of commercial banks.
Explain the four functions of the Reserve Bank of India.
Which bank specifically supports India’s exports and imports through long-term finance?
