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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
Explain the credit creation role of commercial banks with the help of a numerical example.
Explain the concept of ‘inflationary gap’. Also explain the role of ‘legal reserves’ in reducing it.
Do you consider a commercial bank ‘creator of money’ in the economy’?
Credit creation by the commercial bank is determined by ______.
The process of money creation or credit creation is done by ______.
Identify which of the following Statement is true?
Credit money is increased when CRR:
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Credit Creation comes to an end when total cash reserves become equal to the initial deposits.
Reason (R): The value of money multiplier is determined by Legal Reserve Ratio (LRR).
A T-account shows that a ₹10,000 cash deposit increases ______.
Which factor most directly limits credit creation?
