functions of central bank ❓❓❓ ❌dont spam❌
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Promotion of Banking Habits
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There are 8 major functions of central bank :-
- Bank of issue
- Banker, Agent & Advisor to Government
- Custodian of Cash Reserves
- Custodian of Foreign Balances
- Lender of Last Resort
- Clearing House
- Controller of Credit
- Protection of Depositor's Interest
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