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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:
Assertion (A) Central bank as a banker to the government, works as a financial adviser.
Reason (R) Government borrows internally from banks and the general public.
- a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
- b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).
- c)Assertion (A) is true but reason (R) is false.
- d)Assertion (A) is false but reason (R) is true.
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Directions: In the following questions, a statement of assertion (A) ...
The central Bank acts as a banker and financial advisor to the government. As a banker to the government, it performs the following functions.
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1. It manages the account of the government
2 It accepts receipts from the government and makes payment of behalf of it.
3 It grants short-term loans and credit to the government.
4 It performs the task of managing the public debt.
5 The central bank advises the government on all banking and financial matters.
Most Upvoted Answer
Directions: In the following questions, a statement of assertion (A) ...
Explanation:
The given assertion talks about the role of the central bank as a banker to the government and how it works as a financial adviser. The reason given for this is that the government borrows internally from banks and the general public. Let's analyze each statement in detail to determine the correct answer.
Assertion (A): Central bank as a banker to the government, works as a financial adviser.
The central bank is responsible for managing the financial system of a country. As a banker to the government, the central bank provides a range of services, including managing the government's accounts, providing short-term loans, and issuing government securities. One of the key roles of the central bank is to act as a financial adviser to the government. This means that the central bank provides advice to the government on matters related to fiscal policy, monetary policy, and economic development. Therefore, the given assertion is true.
Reason (R): Government borrows internally from banks and the general public.
The government borrows money to finance its various activities, such as infrastructure development, social welfare programs, and defense spending. It can borrow money from both external and internal sources. External borrowing involves borrowing from foreign governments or international organizations, while internal borrowing involves borrowing from banks and the general public within the country. Therefore, the given reason is true.
Conclusion:
Both the assertion and reason are true. However, the reason alone is not the correct explanation of the assertion. The central bank works as a financial adviser to the government not just because the government borrows internally from banks and the general public, but also because it has a broader mandate to manage the financial system and promote economic growth. Therefore, the correct answer is option B.
The given assertion talks about the role of the central bank as a banker to the government and how it works as a financial adviser. The reason given for this is that the government borrows internally from banks and the general public. Let's analyze each statement in detail to determine the correct answer.
Assertion (A): Central bank as a banker to the government, works as a financial adviser.
The central bank is responsible for managing the financial system of a country. As a banker to the government, the central bank provides a range of services, including managing the government's accounts, providing short-term loans, and issuing government securities. One of the key roles of the central bank is to act as a financial adviser to the government. This means that the central bank provides advice to the government on matters related to fiscal policy, monetary policy, and economic development. Therefore, the given assertion is true.
Reason (R): Government borrows internally from banks and the general public.
The government borrows money to finance its various activities, such as infrastructure development, social welfare programs, and defense spending. It can borrow money from both external and internal sources. External borrowing involves borrowing from foreign governments or international organizations, while internal borrowing involves borrowing from banks and the general public within the country. Therefore, the given reason is true.
Conclusion:
Both the assertion and reason are true. However, the reason alone is not the correct explanation of the assertion. The central bank works as a financial adviser to the government not just because the government borrows internally from banks and the general public, but also because it has a broader mandate to manage the financial system and promote economic growth. Therefore, the correct answer is option B.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer?.
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A) Central bank as a banker to the government, works as a financial adviser.Reason (R) Government borrows internally from banks and the general public.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
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