Question

explain the bankers bank function of a central bank?​

Answer 1

Answer:

Banker's bank functions of the Central Bank: The Central Bank is an apex bank of all banks in the country. ... In this way, the central bank acts as a custodian of cash reserves of commercial banks. It assists these banks through discounting of approved securities and bills of exchange.

Explanation:

Jai Hind

Answer 2

Answer:

Central bank functions as a banker to the government—both central and state governments. It carries out all banking business of the government. Government keeps their cash balances in the current account with the central bank. Similarly, central bank accepts receipts and makes payment on behalf of the governments.

Explanation: