Question

give the meaning of central bank?describe the functions of central bank?

Answer 1

Hey .
-----------------
-----------------
Autonomous or semi-autonomous organization entrusted by a government to, administer certain key monetary functions, such as to (1) issue, manage, and preserve value of the country's currency, (2) regulate the amount of money supply, (3) supervise the operations of commercial banks, (4) and serve as a banker's bank .
follow me I will help you .

Answer 2

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.
A central bank is an independent national authority that conducts monetary policy, regulates banks, and provides financial services including economic research. Its goals are to stabilize the nation's currency, keep unemployment low, and prevent inflation. ... The Bank of England first established that model.