Question

A bank which is entrusted with the functions of guiding and regulating the banking system of a country is known as its

Answer 1

A bank which is entrusted with the functions of guiding and regulating the banking system of a country is known as Central bank.

Such bank does not deal with public and it plays a vital role in monetary and banking system of country. It is responsible to maintain financial stability.

Answer 2

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A bank which is entrusted with the functions of guiding and regulation the banking system of country is known as........Central bank

It is called the apex of banks and has the authority of note issuing and to credit control in economy..

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