मराठी

Which of the following is not a function of a commercial bank?

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प्रश्न

Which of the following is not a function of a commercial bank? 

पर्याय

  • Accepting deposits from public

  • Note issue

  • Giving loans

  • Credit creation 

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उत्तर

Note issue

Explanation:

The function of note issuance is not performed by commercial banks; it is the responsibility of the central bank. 

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Functions of a Central Bank
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Central Banks - QUESTIONS [पृष्ठ २१२]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 9 Central Banks
QUESTIONS | Q 9. | पृष्ठ २१२
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 8 Central Bank
Exercise | Q 9. | पृष्ठ १५७

संबंधित प्रश्‍न

Which of the following is not a function of the Central Bank?


Explain the functions of the RBI with respect to the following:

  1. Custodian of foreign exchange reserves.
  2. Monopoly of note issue.
  3. Clearing house facility.
  4. Banker and fiscal agent to the government.

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.


The Central bank is having the authority to regulate the amount of money supply in the economy.

Based on the above explain the following.

  1. Credit Rationing
  2. CRR
  3. Regulation of Margin Requirements
  4. Bank Rate

Central bank is the ______ of the country's foreign currency reserves.


What is meant by clearing house function of the RBI?


The main advantage of giving the monopoly right of note issue to the central bank is that it ______.


The central bank acts as ______.


Which of the following statements are true?

  1. The Reserve Bank of India is the central bank of the country.
  2. All currency notes (except one rupee note) bear the signature of Governor, RBI.
  3. The objective of the Reserve Bank of India is to earn profit.

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Central Bank acts as a banker to the Government.

Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.


Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Reserve Bank of India creates credit.

Reason (R): Reserve Bank of India is known as a bank of note issue.


How does the central bank act as a lender as the last resort?


Mention two ways in which the Reserve Bank of India assists the commercial banks.


How is Bank rate altered to correct a depression in an economy? 


The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government. 


Explain the banker’s bank function of the Central Bank.


Name the institution that enjoys the monopoly of note issue in India.


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