Advertisements
Advertisements
Question
Choose the Correct Answer.
Which of the following is not a function of a central bank?
Options
Guiding and regulating the banking system of a country
Deal with the general public
Acts essentially as a Government banker
Maintains deposit accounts of all other banks
Advertisements
Solution
Deal with the general public
APPEARS IN
RELATED QUESTIONS
The RBI was nationalised in the year 1935.
Explain the role of the Reserve Bank of India as the “lender of last resort”.
Fill in the blank using proper alternative given in the bracket:
......................... is the apex body of the monetary and banking system of the nation’s economy.
Give reason or explain the following statement:
Central Bank acts as a lender of the last resort.
Match the following:
| Group A | Group B |
| a. Demand and Price | (1) Interest |
| b. Stock | (2) Stock |
| c. Reward of Capital | (3) Reserve Bank of India |
| d. Unemployment allowance | (4) Bank of India |
| e. Central Bank | (5) Direct relation |
| (6) Potential Supply | |
| (7) Transfer Income | |
| (8) Inverse relation |
State whether the following statement is True or False with reason:
Central Bank works for profit.
Fill in the blanks with appropriate alternatives given in the bracket.
To increase credit creation Central Bank __________ the debentures.
Fill in the blank with appropriate alternatives given below
Reserve Bank of India was established in _____________.
Write short note on:
Definition of a Central Bank
Central Bank is an ______.
