Question

Explain the role of central bank for 15 with explanation​

Answer 1

Answer:

A key role of central banks is to conduct monetary policy to achieve price stability (low and stable inflation) and to help manage economic fluctuations.Central banks conduct monetary policy by adjusting the supply of money, generally through open market operations.

Answer 2

Answer:

A central bank is a financial institution that is responsible for overseeing the monetary system and policy of a nation or group of nations, regulating its money supply, and setting interest rates.