Central Bank and Its Functions
Economics ⇒ Money and Banking
Central Bank and Its Functions starts at 11 and continues till grade 12.
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Define 'Open Market Operations' as conducted by the central bank.
Describe the process by which the central bank issues currency in India.
Describe the role of the central bank in foreign exchange management.
Explain the difference between quantitative and qualitative methods of credit control used by the central bank.
Explain the importance of the central bank in maintaining financial stability in the economy.
Explain the meaning of 'lender of last resort' in the context of central banking.
Explain the role of the central bank as a 'banker to the government'.
Explain the term 'minimum reserve system' in the context of currency issue by the central bank.
Explain the term 'statutory liquidity ratio' (SLR) in the context of central banking.
Name any two qualitative methods of credit control used by the central bank.
State any two differences between a central bank and a commercial bank.
What is meant by 'bank rate' in the context of central banking?
What is the full form of CRR as used in central banking?
What is the primary function of a central bank?
Which function of the central bank ensures the stability of the banking system during a financial crisis?
