MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Functions of the Central Bank

Fill in the b...

Question

Fill in the blanks with appropriate alternatives given in the brackets:
In India _____ has the monopoly of note issue.
(Reserve bank of India, Commercial bank, Foreign bank, Co-operative bank)

Open in App

Solution

In India Reserve Bank of India has the monopoly of note issue.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Fill in the blanks with appropriate alternatives given in the brackets:
___ acts as the bank of banks.
(Central Bank, Commercial Bank, Foreign Bank, State Bank)

Q. Fill in the blanks with appropriate alternatives given in the brackets:
___ is the apex body of the monetary and banking system of the nations's economy. (commercial bank, Central Bank, Government, Co-operative bank)

Q. Fill in the blanks with appropriate alternatives given in the brackets.

1. Central bank has the __________ of note issue. (monopsony/monopoly/duopoly/oligopoly)
2. The central bank acts as a ____________ of cash reserves of the country. (head/ leader/ custodian/ locker)
3. Bank Rate is also called as __________ rate. (rediscount/ market/ general/ exchange)
4. ____________ is the apex body of the monetary and banking systems of the nation's economy. (Commercial bank/ Central bank/ Government/ Co-operative bank)
5. Reserve Bank of India was established in _____________. (1937/ 1939/ 1935/ 1934)

Q. Fill in the blanks with appropriate alternatives given in the brackets:
Central Bank has the ___ of note issue.
(Monopsony, monopoly, duopoly, oligopoly)

Q. Fill in the blanks with appropriate alternatives given in the brackets:
___ is the rate at which Central Bank re-discounts bills of exchange from commercial banks.
(Bank rate, Cash Reserve Ratio, Growth rate)

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Functions of the Central Bank

ECONOMICS

Watch in App

explore_more_icon

Explore more

Functions of the Central Bank

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon