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प्रश्न
“The central bank is a banker’s bank.” Explain.
“The central bank is a banker’s bank.” Comment.
“The central bank is a banker’s bank.” Justify for and against by giving suitable reasons.
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उत्तर
- The central bank functions as a banker for the country's commercial banks.
- It serves as the lender of last resort, providing funds to commercial banks through loan advances and bill rediscounting.
- Commercial banks are required to keep a cash reserve with the central bank so as to control credit in the country.
- The central bank advises commercial banks on matters relating to their business.
Notes
Students can refer to the provided solutions based on their preferred marks.
संबंधित प्रश्न
How is a commercial bank different from a central bank?
Write Short Note on the following:
Types of banks
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
Explain the types of banks?
Briefly explain about Correspondent Banks?
What are Foreign Banks?
RBI is ______.
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.
Central bank is owned by the ____ while commercial bank is owned by ______.
What is a commercial bank?
What is meant by the central bank of a country?
What are the important functions of Central Bank? Which of these functions are more important in a country like India?
Describe the advantages of opening a bank account.
Explain the four functions of the Reserve Bank of India.
Which type of bank is called the apex bank of India?
