This bank operates in public interest without any profit motive
This bank operates in public interest without any profit motive.
(a) Reserve Bank of India
(b) State Bank of India
(c) Bank of Baroda
(d) Punjab National Bank
Anurag Pathak Changed status to publish December 26, 2023
Ans – (a)
Explanation:-
The central bank is an apex body that controls, operates, regulates, and directs the entire banking and monetary structure of the country.
It is generally owned and governed by the government.
It operates in the public interest without profit motive.
as it controls the money supply and credit creation to stabilize the general prices.
It controls the inflationary and deflationary nature of economics and stabilizes the economy.
Anurag Pathak Changed status to publish December 26, 2023
