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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
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.
Which function of RBI is indicated by the above image?
Which of the following is/are the function(s) of central bank.
What is meant by clearing house function of the RBI?
______ is the main function of central bank.
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.
Give two reasons why the central banks enjoy monopoly of note issue.
Explain the following function of the central bank of a country.
Developmental functions.
Discuss the role of the Central Bank as the fiscal agent to the government.
Explain the banker’s bank function of the Central Bank.
