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प्रश्न
The central bank 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
Central Bank
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
Give the meaning of Commercial Banks?
Distinguish between the Central Bank and the Commercial Bank.
Public Banks are the banks which are ______.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
What is meant by an overdraft facility given by a commercial bank?
Give two agency functions of commercial banks.
What is meant by the central bank of a country?
Describe the advantages of opening a bank account.
How do exchange banks help in financing foreign trade?
Which bank specifically supports India’s exports and imports through long-term finance?
