Advertisements
Advertisements
प्रश्न
Which of the following is/are the function(s) of central bank.
पर्याय
Banker's bank
Lender of the last resort
Receive deposits from the public and business firms.
Provide short-term and medium-term loans to customers.
Advertisements
उत्तर
Banker's bank and lender of the last resort
Explanation:
- The central bank acts as a banker to all the commercial banks in the country.
- Whenever a commercial bank needs financial assistance, it may borrow from other commercial banks. However, other commercial banks may not be able to provide funds to the bank in need. In this way the central bank acts as the lender of the last resort.
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.
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.
- In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.
Central bank is the ______ of the country's foreign currency reserves.
The main advantage of giving the monopoly right of note issue to the central bank is that it ______.
Identify the function of RBI as indicated by the following image.
How does the central bank act as a lender as the last resort?
The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.
Discuss the role of the Central Bank as the fiscal agent to the government.
Explain the banker’s bank function of the Central Bank.
