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Which of these is not a function of a central bank? - Economics

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प्रश्न

Which of these is not a function of a central bank?

पर्याय

  • Accepting deposits from public at large

  • Issuing currency notes

  • Banker to banks

  • Maintaining foreign exchange reserves

MCQ
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उत्तर

Accepting deposits from public at large

Explanation:

  • Accepting deposits from the general public is a function of commercial banks, not the central bank.
  • The central bank primarily issues currency, acts as a banker to banks, and manages foreign exchange reserves.
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पाठ 14: Banks: Commercial Bank and Central Bank - TEST YOURSELF QUESTIONS [पृष्ठ २७३]

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फ्रँक Economics [English] Class 12 ISC
पाठ 14 Banks: Commercial Bank and Central Bank
TEST YOURSELF QUESTIONS | Q 5. | पृष्ठ २७३
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