This a MCQ (Multiple Choice Question) based practice test of Chapter 3 - Money and Banking of Economics of Class XII (12) for the quick revision/preparation of School Board examinations
Q  Central Bank is a
  • a)
    Regional bank
  • b)
    Commercial bank
  • c)
    Rural bank
  • d)
    Apex bank
Correct answer is option 'D'. Can you explain this answer?

Commerce Question

18 Answers
Riya Bajpai answered Aug 26, 2018
Central bank is the Apex bank as it is banker's bank.

Priyanka Ravichandran answered Jun 29, 2018
Apex is nothing but head of all so central bank is the apex institution .... so correct answer is d

Rams answered Aug 26, 2018
Central bank is apex bank as it is also known as land of the last resort.central bank regulate monetary policy of our country.

Somesh Agrawal answered Jun 21, 2018
Because an apex institution is one who regulates and formulates monetary policy of a country, and in India central bank(RBI) regulates monetary policy. That's why it is an apex bank.

Saumya Tripathi answered Nov 17, 2018
It is termed as apex bank because it's is known as bankers banks ..It is the institution that manages and oversees country's money supply ,inflation and intrest rate .Central Bank regulates the commercial banking system .

Rakesh Kumar answered Nov 07, 2018
Central bank is a commercial bank

Singh Satnam answered May 26, 2020
Central Bank and one more thing that shoul be remembered that RBI is the central bank of India

Shashank Sharma answered May 30, 2020
As it controls function s of other banks

Shristi Chaturvedi answered Dec 14, 2018
Central bank is the apex bank as it is bankers bank

Harsh Mittal answered Aug 25, 2018
Commercial bank

Rekha Jrd answered Nov 17, 2018
Central bank is now reserve bank of india

Aakansha answered Nov 18, 2018
Apex bank is also known as Reserve Bank of India & central bank of India bcoz it is the head of all the banks & its it printed our currency this bank also provide loans to the commercial banks like SBI,PNB etc that's why it is call apex bank

Harshita Malhotra answered May 25, 2020
It us the apex bank because it regulates all other banks working in a country and plays the important role for the government and other banks by following reasons:-
1) Lender of last resort and is banker's bank
2) Issue of currency and foriegn exchange authority
3) Funder to govt of country
4) All banks work according to this apex bank

Rubi Singh answered May 18, 2020
Hiii
yes question last matlb kay hoga

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