Question

Discuss the function of a central bank as a lender of a last resort

Answer 1

${\huge {\mathfrak {\orange {Answer :-}}}}$

Role of central banks -

➡️ Implementation of monetary policies.

➡️ Setting the official interest rate.

➡️ Controlling nation's entire money supply.

$<b>$ REGARDS, ARNAB ✌️

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