Explain the functions of Central Bank?
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A central bank plays an important role in monetary and banking system of a country. It is responsible for maintaining financial sovereignty and economic stability of a country, especially in underdeveloped countries. It issues currency, regulates the money supply, and controls different interest rates in a country
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The function of Central bank is to ask RBI to publish notes or Indian currency ... keep check on all the banks whether they provide loans not only to rich merchants to expand their trade but also to poor people
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