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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.
Assertion (A): Central bank as a banker to the government, works as a custodian of foreign exchange reserves.
Reason (R): The Central bank acts as a Clearing house for the transfer and settlement of mutual claims of commercial banks.
Central bank is the ______ of the country's foreign currency reserves.
Which of the following is/are the function(s) of central bank.
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.
______ is the main function of central bank.
Which of the following is not a function of a commercial bank?
Who normally keep their deposits in the Central Bank?
