English, asked by monikasinghfzd112, 7 months ago

explain banker to the government and controller of credit function of the central bank

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Answered by shreyasreejesh8c
0

Answer:

Explanation:

The Central Bank acts as a banker to both Central and State Governments. ... It issues loans and advances to the government and does buying and selling of securities on behalf of government. It also advises the government to frame monetary policy of the country to control the credit creation and money market.

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