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प्रश्न
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
पर्याय
Monopoly of note issue
Government’s bank
Clearing house function
Developmental function
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उत्तर
Clearing house function
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संबंधित प्रश्न
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
Give two major functions of the central bank of our country.
What is meant by clearing house function of the RBI?
Explain the 'Clearing House Function' of the central bank.
Which of the following is not a function of a commercial bank?
Identify the function of RBI as indicated by the following image.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Explain the banker’s bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
