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प्रश्न
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.
पर्याय
Only (i) and (ii)
Only (i) and (iii)
Only (ii) and (iii)
All of the above
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उत्तर
Only (i) and (ii)
Explanation:
- Statement (i): True. The Reserve Bank of India (RBI) is the country's central bank.
- Statement (ii): True. All currency notes (save the one rupee note) contain the signature of the Reserve Bank of India's Governor. The Finance Secretary signs the one rupee note.
APPEARS IN
संबंधित प्रश्न
Explain the functions of the RBI with respect to the following:
- Custodian of foreign exchange reserves.
- Monopoly of note issue.
- Clearing house facility.
- Banker and fiscal agent to the government.
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?
What is meant by clearing house function of the RBI?
Which of the following is not a function of a commercial bank?
The central bank acts as ______.
Identify the function of RBI as indicated by the following image.
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.
