Practice Functions of the Central Bank - 4.4.2 | 4. Banking in India | ICSE Class 10 Economics
Students

Academic Programs

AI-powered learning for grades 8-12, aligned with major curricula

Professional

Professional Courses

Industry-relevant training in Business, Technology, and Design

Games

Interactive Games

Fun games to boost memory, math, typing, and English skills

Functions of the Central Bank

4.4.2 - Functions of the Central Bank

Enroll to start learning

You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.

Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the primary role of the Central Bank?

💡 Hint: Think about the main responsibilities.

Question 2 Easy

Name one function of the Central Bank.

💡 Hint: Consider what the Central Bank issues.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the role of the Central Bank in issuing currency?

To regulate stock markets
To issue currency notes
To manage bank accounts

💡 Hint: Think about what you see in your wallet.

Question 2

True or False? The Central Bank can create more money freely.

True
False

💡 Hint: Consider the Central Bank's role in monetary policy.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Given the role of the Central Bank in controlling credit, evaluate a scenario where excessive credit circulation leads to economic inflation. Discuss potential corrective actions the Central Bank might take.

💡 Hint: Think about tools the Central Bank has at its disposal.

Challenge 2 Hard

Analyze the effects of foreign exchange reserves on a country's ability to engage in international trade during economic downturns.

💡 Hint: Reflect on case studies where trade was impacted by currency stability.

Get performance evaluation

Reference links

Supplementary resources to enhance your learning experience.