role of central bank
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there are 5 main role of central bank or RBI
1)It is the lender of last rhesort means gives loan to other commercial banks of country.
2)It as a Banker's bank
3)It acts as a agent of government
4)It has the monopoly of issuing of currency notes
5)It has the custodian of foreign currency
1)It is the lender of last rhesort means gives loan to other commercial banks of country.
2)It as a Banker's bank
3)It acts as a agent of government
4)It has the monopoly of issuing of currency notes
5)It has the custodian of foreign currency
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