Question

Discuss the role of central bank in the economic devlopment of a country

Answer 1

Answer:

central bank is the only that issue notes, coins, credit money bank deposit etc.. it's also control the local bank. in Indian economy it work most There are many bank which is under in Central bank like commercial bank. . Central bank play major role in the indian economy it's work most for indian economy regarding money

Answer 2

The central bank plays an important role in bringing about a proper adjustment between demand for and supply of money. ... Thus in an underdeveloped economy, the central bank should control the supply of money in such a way that the price level is prevented from rising without affecting investment and production adversely.