Question

needs of Central Banking​

Answer 1

Answer:

The central bank plays a very important role in the economy of the country. It helps stimulate growth and control inflation in the country. It does so by controlling the flow of money in the economy. When other banks are in a problem, they approach the Central Bank for assistance

Answer 2

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.