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Economics · 2023 · 1 mark
CBSE 2023 · Region 1 · Set 1 · Q5
Read the following news report carefully: “The central bank has imposed fine on Hisar Urban Cooperative Bank Ltd. and Andaman and Nicobar State…
Read the following news report carefully :“The central bank has imposed fine on Hisar Urban Cooperative Bank Ltd. and Andaman and Nicobar State Cooperative Bank Ltd. for violation of banking norms.”According to the given report, identify the function of the central bank.
Official answer
(D)
Banker’s Bank
Marking-scheme solution
(D)
Banker’s Bank
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CBSE Class 12 Economics past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.