role of central bank
Answers
Answered by
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
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
Similar questions
English,
8 months ago
Computer Science,
8 months ago
Math,
8 months ago
English,
1 year ago
Biology,
1 year ago