Practicing Success
Which of the following option is NOT a feature of central bank? |
It is an apex bank which regulate money supply with the help of fiscal policies. It does not deal with public directly. It issues currency None of the above |
It is an apex bank which regulate money supply with the help of fiscal policies. |
Reserve bank of India is the apex institution which monitors the money supply and creates a balance in the economy to avoid any economic fluctuations. With the help of MONETARY policies, it either increases or decreases the money supply to control inflation or any other problem. |