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प्रश्न
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.
Acting as a Banker to the Government.
Discuss the role of the Central Bank as the banker to the government.
With reference to the central bank of a country.
List two ways in which a central bank acts as 'Banker to the Government.
Explain the function of the Central Bank as a banker to the government.
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उत्तर
The central bank acts as a banker to the government both central as well as state governments in the following ways:
- As the government's banker, the central bank accepts receipts and makes payments. It also provides short-term loans to the government in times of difficulty.
- As a government agent, the central bank sells and purchases government securities and also manages public debt (national debt) and foreign debt.
- The central bank also acts as an advisor to the government, especially in monetary, banking, and financial matters.
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संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
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.
The Central bank is having the authority to regulate the amount of money supply in the economy.
Based on the above explain the following.
- Credit Rationing
- CRR
- Regulation of Margin Requirements
- Bank Rate
Which of the following is/are the function(s) of central bank.
______ is the main function of central bank.
The central bank acts as ______.
Identify the function of RBI as indicated by the following image.
How is Bank rate altered to correct a depression in an economy?
Discuss the role of the Central Bank as the fiscal agent to the government.
