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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
A bank which is known as bankers bank.
Distinguish between the following:
Current account & Recurring deposit account
State with Reasons whether the following statement is TRUE or FALSE:
Central bank (RBI) connot accept deposit from the public.
Explain the types of banks?
Mention two differences between the Central Bank and a Commercial Bank.
What is a Central Bank?
Name one development bank.
What is meant by an overdraft facility given by a commercial bank?
Describe the advantages of opening a bank account.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
