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प्रश्न
Which of the following is not a function of the Central Bank?
पर्याय
Banker to Commercial Banks
Banker to the public
Fiscal agent of the Government
Monopoly of note issue
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उत्तर
Banker to the public
Explanation:
The central bank does not provide banking services to the general public. The bank primarily serves commercial banks and the government, not private customers. Option (a), (c), and (d) describe the functions of a central bank.
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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.
______ is the main function of central bank.
The central bank acts as ______.
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.
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.
Explain the banker’s bank function of the Central Bank.
Name the institution that enjoys the monopoly of note issue in India.
