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

Which function of RBI is indicated by the above image?
Give two major functions of the central bank of our country.
Identify which of the following is not the function of the 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): Reserve Bank of India creates credit.
Reason (R): Reserve Bank of India is known as a bank of note issue.
Mention two ways in which the Reserve Bank of India assists the commercial banks.
Discuss the role of the Central Bank as the fiscal agent to the government.
Name the institution that enjoys the monopoly of note issue in India.
