Question

A _______________ is the apex institution of monetary system of a country.

Answer 1

Answer:

Central Bank

Explanation:

The Central Bank is the apex institution of a country's monetary system. It regulates and controls the activities of all the commercial banks and other financial institutions of the country. It plays a pivotal role in the organisation and development of a sound monetary and financial system in an economy.

Answer 2

Answer:

central bank

Explanation:

central banks of the country monitor all the financial institutions in the country. they set rules and regulations which all the financial institutions have to follow