BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is the Central Bank of USA? [Allahabad Bank 2011]
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Federation of Banks, USA
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Citigroup, USA
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Bank of America
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Federal Reserve
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Explanation:
Detailed explanation-1: -The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
Detailed explanation-2: -Federal Bank Limited is an Indian private sector bank headquartered in Kochi, Kerala. The bank has 1, 336 branches spread across different states in India.
Detailed explanation-3: -Reserve Bank of India is an apex bank that controls the entire banking system of India.
Detailed explanation-4: -The Reserve Bank of India, chiefly known as RBI, is India’s central bank and regulatory body responsible for regulation of the Indian banking system.
There is 1 question to complete.