“A central bank is an institution charged with responsibility of regulating supply and cost of money in the interest of general public”. This definition was made by;

Related MCQs

• Rediscounting and giving advance the central bank changes interest at a rate which is known as __________
• .......... Ratio refers to that portion of total deposits of commercial bank which it has to keep with central bank in the form of cash reserve.
• The first Indian public sector bank which introduced its own merchant bank division in India
• Money at call and short notice of a bank is ............
• ---------- represents the rate at which the central bank absorbs liquidity from the banks
• Central Land Mortgage Bank was started in Madras in
• A depositor can withdraw money from the bank any number of time in.............
• ____________ is a system that facilitates individuals, firms and corporate to electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country.
• The largest public sector bank in India is
• The State Bank of India was established under the State Bank of India Act on?