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प्रश्न
What is meant by the central bank of a country?
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उत्तर
The central bank leads the money market and regulates credit volume to ensure stability. Credit money accounts for a significant portion of the country's total money supply. Excess credit leads to higher pricing, imports, and decreased exports, which in turn result in an unfavorable payment balance.
The goal of credit control is described below:
- The stability of internal prices.
- The foreign exchange rate is stable.
- Promoting high employment.
संबंधित प्रश्न
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
Mention two differences between the Central Bank and a Commercial Bank.
Choose the Correct Answer.
Foreign banks are begun their operation since ______
What are Foreign Banks?
Write a short note on Local Area Banks, Give two examples.
The ______ function of the Central bank involves the settling claims of Commercial banks through a process of book entries.
Distinguish between the Central Bank and the Commercial Bank.
Assertion: Central banks control credit.
Reasoning: Commercial banks issue bank drafts.
Central bank is owned by the ____ while commercial bank is owned by ______.
“The central bank is a banker’s bank.” Explain.
What are the important functions of Central Bank? Which of these functions are more important in a country like India?
Describe the advantages of opening a bank account.
The ______ of a country serves as the leader of the banking system and the money market.
______ are of several types, e.g., commercial, central, industrial, merchant, exchange, agricultural, cooperative, postal and indigenous.
How do exchange banks help in financing foreign trade?
Which type of bank is called the apex bank of India?
What is the main function of commercial banks like SBI and HDFC?
Which bank specifically supports India’s exports and imports through long-term finance?
Which type of bank provides only basic banking services and is not allowed to give loans?
How do banks act as financial intermediaries in an economy?
