CameraIcon

SearchIcon

MyQuestionIcon

296

You visited us 296 times! Enjoying our articles? Unlock Full Access!

Functions of the Central Bank

The central b...

Question

The central bank is often involved in the policy-making of the economy.

A

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

Suggest Corrections

thumbs-up

0

Similar questions

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)

The central bank collects statistical information related to banking, currency and foreign policy to make

Q. Discuss four qualitative measures of the Central Bank to control credit in the economy.

Q. Discuss how the central bank plays the role of 'controller of credit' in an economy?

Q. How can a central bank control excess demand in an economy by making changes in the legal reserve requirements?

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