Economy, asked by hadiabuturab, 1 month ago

Central bank is the banker to the bank. Explain​

Answers

Answered by prakashakash802
1

Answer:

Thus, the banks which have to supply banknotes for their customers (either over the counter or through automatic teller machines) obtain them from the central bank which has an issuing monopoly. ... The central bank debits their current accounts accordingly.

Answered by Anocecil
0

Answer:

Here's your answer mate :

Thus, the banks which have to supply banknotes for their customers (either over the counter or through automatic teller machines) obtain them from the central bank which has an issuing monopoly. ... The central bank debits their current accounts accordingly.

Hope you got your answer!

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