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प्रश्न
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
पर्याय
Brings uniformity
Increases public confidence
Exercises better control over the money supply
All of the above
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उत्तर
All of the above
Explanation:
Following are the main reasons for giving the monopoly right of note-issue to the central bank.
- It brings about uniformity in note circulation.
- It is easier to control money supply when there is a single agency of note issue.
- It keeps the public faith in the paper currency.
- It helps in the stabilisation of the internal and external value of the currency.
संबंधित प्रश्न
Which of the following is not a function of the Central Bank?
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Central bank is the ______ of the country's foreign currency reserves.
Which of the following is/are the function(s) of central bank.
The ______ is the central bank of our country which has the authority to print currency notes.
Give two major functions of the central bank of our country.
Explain the 'Clearing House Function' of the central bank.
______ is the main function of central bank.
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?
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Who normally keep their deposits in the Central Bank?
Explain the following function of the central bank of a country.
Developmental functions.
Explain the banker’s bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
