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प्रश्न
The central bank acts as ______.
पर्याय
Banker's bank
Banker to government
Both Banker's bank and Banker to government
Neither Banker's bank nor Banker to government
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उत्तर
Both Banker's bank and Banker to government
Explanation:
The central bank, such as the Reserve Bank of India, performs both of these functions:
- Banker's bank: The central bank serves as a banker to commercial banks by lending, accepting deposits, and clearing transactions.
- Banker to the government: The central bank also serves as the government's banker, managing its finances, making loans, and handling public debt.
संबंधित प्रश्न
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
Which function of RBI is indicated by the above image?
What is meant by clearing house function of the RBI?
Explain the 'Clearing House Function' of the central bank.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
______ is the main function of central bank.
Identify which of the following is not the function of the central bank?
Which of the following is not a function of a commercial bank?
Which of the following statements are true?
- The Reserve Bank of India is the central bank of the country.
- All currency notes (except one rupee note) bear the signature of Governor, RBI.
- The objective of the Reserve Bank of India is to earn profit.
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
How does the central bank act as a lender as the last resort?
Give two reasons why the central banks enjoy monopoly of note issue.
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the following function of the central bank of a country.
Developmental functions.
Discuss the role of the Central Bank as the fiscal agent to the government.
Explain the banker’s bank function of the Central Bank.
