Banker to Banks and Government

Q.

__________________ issues currency notes on behalf of the Central Government.

Q.

Explain the bank of issue function of the central bank

Q.

Name the bank which is known as bankers bank.

Q. Identify the role of the Reserve Bank of India.

1. Custodian of
   foreign reserves
2. Encourage
   savings
3. Encourage
   hoarding
4. Banker
   to government
5. Make budget
6. Give car loans
7. Banker to banks
8. Print money

Q. The RBI acts a banker and supplies and manages money to which of the following?

1. Banks and government
2. Banks and businessmen
3. Government and businessmen
4. Businessmen and consumers

Q. Which of the following rights and responsibilities does the RBI have?

1. To print and circulate money in India
2. To provide finance to the banks and the Government of India
3. To accept deposits and give loans
4. To manage foreign currency reserves

Q. What is the practice of holding resources in great quantities called?

1. Hoarding
2. Dumping
3. Jettisoning
4. Minting