Economy, asked by yashikakardam40, 4 hours ago

explain 'government's bank' function of Central bank​

Answers

Answered by xXRajputXx
1

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.

Answered by Anonymous
4

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• 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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