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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
Central bank is the ______ of the country's foreign currency reserves.
What is meant by clearing house function of the RBI?
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 ______.
______ is the main function of central bank.
The central bank acts as ______.
Which of the following statements are true?
- The Reserve Bank of India is the central bank of the country.
- All currency notes (except one rupee note) bear the signature of Governor, RBI.
- The objective of the Reserve Bank of India is to earn profit.
How does the central bank act as a lender as the last resort?
Discuss the role of the Central Bank as the fiscal agent to the government.
Name the institution that enjoys the monopoly of note issue in India.
