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Identify the picture. (A) Central Bank (B) Commercial Bank (C) Industrial Bank (D) Indigenous Bank

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Question

Identify the picture.

Options

  • Central Bank

  • Commercial Bank

  • Industrial Bank

  • Indigenous Bank

MCQ
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Solution

Central Bank

Explanation:

The picture shows the signage “Reserve Bank of India,” the country’s central bank; the RBI issues currency, regulates other banks, and acts as banker to the government. Hence, the image represents a central bank.

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Chapter 14: Banking - EXERCISES [Page 271]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 38. | Page 271
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