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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
APPEARS IN
संबंधित प्रश्न
Explain the 'Clearing House Function' of the central bank.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
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?
Give two reasons why the central banks enjoy monopoly of note issue.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
How is Bank rate altered to correct a depression in an economy?
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.
