Question

Central Bank is called as bankers bank agree/disagree

Answer 1

Answer:

The central bank is the "banker's bank". The central bank debits their current accounts accordingly. Balances held on accounts with the central bank are also used to settle debts between banks. Finally, the central bank may require the maintenance of a minimum credit balance on the account: the monetary reserves.

Answer 2

Answer:

Central Bank is called as bankers bank agree