No products in the cart.

Differentiate between the central bank and …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now

Differentiate between the central bank and commercial bank

Posted by Ayush Sharma 2 years, 6 months ago

CBSE > Class 12 > Economics

2 answers

Vikram Thakur 2 years, 6 months ago

Central bank is an issuing body and it is for country ex-RBI Commercial Bank is an bank for making profit ex-SBI,PNB,CANARA,ETC

0Thank You

Saransh Chaturvedi 2 years, 6 months ago

Central Bank is an organisation for whole of the population in. Country and it's purpose is to run the economy in right way and it is non profit organization and it deals only with the commercial bank and government. It's only sole agency of note issuing in India . Commercial bank is profit making organization and it work is to earn money in the form of interest on loan by the public and it deals with public directly and it works by the instructions of central bank of india . They also creats the bank money .

0Thank You

ANSWER

Related Questions

Explain the limitation of GDP as wellfare

Posted by Naman Jain 4 months, 1 week ago

CBSE > Class 12 > Economics

1 answers

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Megha Gaur 4 months, 1 week ago

CBSE > Class 12 > Economics

0 answers

Two types of marke diagram and explanation

Posted by Rijum Karlo 5 months ago

CBSE > Class 12 > Economics

0 answers

What is deficit ?

Posted by Sakshi Singh 4 months, 1 week ago

CBSE > Class 12 > Economics

1 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Jaya Anand 4 months, 2 weeks ago

CBSE > Class 12 > Economics