Economy, asked by shanzaykhanks1, 1 year ago

role of central bank

Answers

Answered by nice2
1
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
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