central bank
/ˌsentrəl ˈbæŋk/noun
उच्चारण सेन्ट्रल बैंक
केंद्रीय बैंक
Advanced word
- 1
[C]
the national bank of a country, which controls the money supply and interest rates, issues the currency and acts as a bank for the government and for other banks
केंद्रीय बैंक
- The central bank raised interest rates to control inflation.
- The Reserve Bank of India is India's central bank.
✓In the exam
General knowledge
The Reserve Bank of India was set up on 1 April 1935 under the Reserve Bank of India Act of 1934, and it was nationalised on 1 January 1949.
भारतीय रिज़र्व बैंक की स्थापना Reserve Bank of India Act, 1934 के अंतर्गत 1 अप्रैल 1935 को हुई, और 1 जनवरी 1949 को इसका राष्ट्रीयकरण हुआ।
The headquarters of the Reserve Bank of India is in Mumbai.
भारतीय रिज़र्व बैंक का मुख्यालय मुंबई में है।
Other well-known central banks include the Federal Reserve of the United States, the Bank of England and the European Central Bank.
अन्य प्रसिद्ध केंद्रीय बैंकों में अमेरिका का Federal Reserve, Bank of England और European Central Bank शामिल हैं।