Advertisements
Advertisements
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
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Any ‘five types’ of banks.
How is a commercial bank different from a central bank?
Select the proper option from the options given below and rewrite the sentences:
In E-business, payments have to be made ______
Explain the different types of banks.
Choose the Correct Answer.
Which bank is not an Industrial Bank?
Explain the various types of banks based on organization with examples.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
Which type of bank is called the apex bank of India?
Development banks like SIDBI and NABARD mainly focus on ______.
