Political Science, asked by monukumari3065, 5 months ago


1.
True or false?
The government issues the currency of a country ​

Answers

Answered by bhadravatiexservicem
3

Answer:

False

Explanation:

Central bank is an apex bank that controls the entire banking system of a country. It is the sole agency of note issuing and controls the supply of money in the economy. It serves as the banker of the government and manages foreign exchange of the government. Therefore, the main function of the central bank is to control of credit in the economy and not create it. It is the commercial bank that deals in the creation of credit in the economy.

Answered by anaikapandey01
2

True is the right answer

Similar questions