Advertisements
Advertisements
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.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
The ______ is the central bank of our country which has the authority to print currency notes.
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?
The central bank acts as ______.
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.
Identify the function of RBI as indicated by the following image.
How does the central bank act as a lender as the last resort?
How is Bank rate altered to correct a depression in an economy?
Who normally keep their deposits in the Central Bank?
Explain the banker’s bank function of the Central Bank.
