Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bankandrsquo;s job to control a countryandrsquo;s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact donandrsquo;t do, will affect the currency of that country. Sometimes, it is within the central bankandrsquo;s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that countryandrsquo;s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer?

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The Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.
In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.
When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-line with other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.
Which of the following is known as the creator currency in the country?

a)
Commercial Bank
b)
General Government
c)
Central Bank
d)
None of these

Correct answer is option 'A'. Can you explain this answer?

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Commercial Bank in the country creates currency through the process of money creation thus it is known as creator of currency in the country.

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The world marvels at how well the Indian Constitution has kept a diverse country together for more than 70 years. Its robustness and durability rest on its many built-in safeguards securing citizens rights to freedom and justice and fair play which no government, however powerful, can hope to effectively recast within the space of a single or even multiple tenures in office.Mistakenly, however, this lengthy founding document of the Indian Republic is believed to have been completed solely by the Constituent Assembly, working flat out in just two years, eleven months and 17 days. In fact, the Constitutions long history stretches to over 40 years before its enactment, going all the way back to the Indian Councils Act of 1909. This law, for the first time, brought Indians into governance at central and provincial levels, albeit in a very limited way, through a highly restricted and unrepresentative electorate split on communal lines.The Government of India Act, 1919 was a vast improvement on the Indian Councils Act but remained unrepresentative. It also persisted with communal representation, which had earlier been endorsed by the Congress and the Muslim League through the Lucknow Pact of 1916. In its report submitted in 1930, the Simon Commission, constituted to evaluate the Government of India Act of 1919, recommended much greater Indian involvement in the governance of the country. What followed its report were three extraordinary roundtable conferences - in 1930, 1931 and 1932 - all held in London to see how best Indians could administer their country.Deliberations in these conferences brought out the concerns of different communities, especially the Depressed Classes of which Ambedkar was the de facto leader, and the Muslims led by Muhammad Ali Jinnah.Except the second conference, which Gandhi attended, the other two were boycotted by the Congress. These conferences gave voice to other interest groups too -those representing women and Anglo-Indians, for instance - and led to the passage of the Government of India Act of 1935, much of which found its way into the Constitution.Q. Which of the following was one of the major flaws of the "Government of India Act, 1919"?

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Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer?

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Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. 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The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following case study and answer the questionThe Central Bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. Its one of the major functions is to maintain the reserve of foreign exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.In other words, it is the central bank’s job to control a country’s economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-linewith other economic factors such as wages and prices. Whatever the central bank does or infact don’t do, will affect the currency of that country. Sometimes, it is within the central bank’s interest to purposefully effect the value of a currency. For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country’s commodities will seek cheaper supply; hence directly effecting the economy.Which of the following is known as the creator currency in the country?a)Commercial Bankb)General Governmentc)Central Bankd)None of theseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Class 12 tests.

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