Practice Meaning - 4.4.1 | 4. Banking in India | ICSE Class 10 Economics
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Meaning

4.4.1 - Meaning

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Practice Questions

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Question 1 Easy

What is the role of a central bank?

💡 Hint: Think of its functions!

Question 2 Easy

Name the central bank of India.

💡 Hint: It begins with an 'R'.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the main role of the Reserve Bank of India?

A. Issue currency
B. Accept deposits
C. Provide loans
D. Sell government bonds

💡 Hint: Think about what 'Reserve Bank' implies.

Question 2

The Reserve Bank of India is responsible for which of the following?

True
False

💡 Hint: Remember its key functions.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze the impact of the RBI's monetary policy on inflation rates over the last decade.

💡 Hint: Look into key interest rate changes over the years.

Challenge 2 Hard

Propose a new policy measure the RBI can take during an economic downturn and justify its necessity.

💡 Hint: Consider how banks function when liquidity is available.

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