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Earn 100

Which of the following is not a function of the Central Bank ?
(a)Bank rate
(b)Open market operation
(c)Lender of last resort
(d)Deficit financing

50% studentsanswered this correctly
Important Questions on Money and Banking
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Identify the quantitative tools used by RBI to control money supply.
(A) Moral Suasion
(B) Bank Rate
(C) Cash Reserve Ratio
(D) Open Market Operations
(E) Margin requirement
Choose the correct answer from the options given below:

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Match List-I with List-II
List I | List II |
(A) Monetary Base | (I) Loans extended by banks |
(B) Assets | (II) Reserve Bank of India |
(C) Liabilities | (III) Currency |
(D) Credit control | (IV) Deposits accepted by the banks |

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