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प्रश्न
Which of these banks formulates the credit control tools?
पर्याय
Canara bank
Industrial Development Bank of India
State Bank of India
Reserve Bank of India
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उत्तर
Reserve Bank of India
Explanation:
The Reserve Bank of India (RBI) is the country's central bank, responsible for creating and carrying out monetary policy, including credit control instruments.
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संबंधित प्रश्न
The process of money creation or credit creation is done by ______.
What do you mean by credit creation by commercial banks?
Read the given extract carefully and answer the following questions.
| Mr. X wanted to buy an expensive motorcycle for his son but he did not have sufficient money to buy it. He approached a public sector commercial bank for the loan. The bank asked Mr. X to deposit 20% cash of the loan amount and rest 80% of the loan amount was given by the bank. |
- Briefly explain a Commercial Bank.
- What is the regulation of consumer credit in selective credit control?
- Name the bank which controls all the commercial banks and financial institutions in the country.
The ratio of total deposits that a commercial bank has to keep with Reserve Bank of India is called ______.
Suppose in an economy, the initial deposit of ₹ 400 crores lead to the creation of total deposits worth ₹ 4000 crore. Then the value of reserve requirements would be ______.
What is meant by credit creation?
What is money multiplier?
The deposit multiplier formula is ______.
If CRR is 20% and initial deposit is ₹1000, total deposits created are ______.
In the credit creation process, loans of one bank become ______.
