Question

State the different functions of central bank

Answer 1

A central bank performs the following functions, as given by De Kock and accepted by the majority of economists.
Regulator of Currency: ...
Banker, Fiscal Agent and Adviser to the Government: ...
Custodian of Cash Reserves of Commercial Banks: ...
Custody and Management of Foreign Exchange Reserves: ...
Lender of the Last Resort:

Answer 2

Hi there,

This is kinjal,

The different functions of central bank are

(1) Bank of Issue

(2) Banker, Agent and Advisor to Government

(3) Custodian of Cash Reserves

(4) Custodian of Foreign Balances,

(5) Lender of Last Resort

(6) Clearing House

(7) Controller of Credit

(8) Protection of Depositor’s Interest.

hope it helps you!!!!!!!!!!!!