Question

Distinguish between Central Bank and Commercial Bank.

Answer 1

central bank are of goverment but commercial bank are of any individuals who make the profits of its own

Answer 2

Answer:

Explanation:

As per the question

Distinguish between Central Bank and Commercial Bank

Central Bank

1 - control and regulates the entire banking system of a country

2 - Issues currency and controls the supply of money in the market

3 -It is the banker the to government

Commercial bank

1- A commercial bank are bankers of the common public

2 - commercial bank does not have such rights

3- commercial bank create credit within the economy