Home
Class 12
ECONOMICS
This bank operates in public interest...

This bank operates in public interest without any profit motive.

A

Reserve bank of india

B

State Bank of India

C

Canara Bank

D

Allahabad Bank

Text Solution

Verified by Experts

The correct Answer is:
a
Promotional Banner

Topper's Solved these Questions

  • BANKING : COMMERCIAL BANKS AND THE CENTRAL BANK

    SANDEEP GARG|Exercise VERY SHORT ANSWER TYPE QUESTIONS|18 Videos

  • BANKING : COMMERCIAL BANKS AND THE CENTRAL BANK

    SANDEEP GARG|Exercise SHORT ANSWER TYPE QUESTIONS|28 Videos

  • BANKING : COMMERCIAL BANKS AND THE CENTRAL BANK

    SANDEEP GARG|Exercise TRUE AND FALSE|15 Videos

  • BALANCE OF PAYMENTS

    SANDEEP GARG|Exercise LONG ANSWER TYPE QUESTIONS|6 Videos

  • BASIC CONCEPTS OF MACROECOMICS

    SANDEEP GARG|Exercise Long Answer type Questions|4 Videos

Similar Questions

Explore conceptually related problems

Interest on public debt is a part of:

SANDEEP GARG-BANKING : COMMERCIAL BANKS AND THE CENTRAL BANK-MULTIPLE CHOICE QUESTIONS(MCQS)
  1. This function of Central Bank involves buying and selling of gov...

    Text Solution

    |

  2. Name the credit control method which refers to difference between t...

    Text Solution

    |

  3. This bank operates in public interest without any profit motive.

    Text Solution

    |

  4. Through the process of commerical banks are able to create credit, ...

    Text Solution

    |

  5. What will be the effect of increase in the 'Repo Rate' on the mone...

    Text Solution

    |

  6. The ratio of total deposits that a commercial bank has to keep wit...

    Text Solution

    |

  7. Banks create credit :

    Text Solution

    |

  8. If the total deposits created by commercial banks is ₹ 1000 crores an...

    Text Solution

    |

  9. Which of the following will increase the money supply ?

    Text Solution

    |

  10. What is the other name for 'Money Multiphlier ?

    Text Solution

    |

  11. In order to reduces credit in the country ,RBI may:

    Text Solution

    |

  12. The one rupee note and coins are issued by :

    Text Solution

    |

  13. Which of these is not a function of central bank ?

    Text Solution

    |

  14. Other name for legal reserve requirement is

    Text Solution

    |

  15. Which of the following is not the function of the Central Bank ? (Ch...

    Text Solution

    |

  16. refer to those deposits in which amount is deposited with bank for...

    Text Solution

    |

  17. Which of the following instrument cannot be used by Central Bank to...

    Text Solution

    |

  18. Which bank controls the banking and monatry structure of India ?

    Text Solution

    |

  19. What is the value of money multiplier when initial deposits ₹500c...

    Text Solution

    |

  20. What happen where there is an increase in the margine reuirements ?

    Text Solution

    |