Economy, asked by rakeshbhargava97, 2 days ago

Difference between Personality bank and Central bank ?

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Answered by Itzzhoneycomb

0

The Central Bank is a publicly owned institution while the Commercial Bank can be publicly or privately owned institution. The Central Bank does not exist for making a profit, whereas commercial bank operates for making a profit for its owners. The Central Bank is the fundamental source of money supply in the economy.

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