Question

The central bank is bankers bank comment.

Answer 1

Answer:

The central bank is the "bankers' bank" :

• The central bank debits their current accounts accordingly.
• Balances held on accounts with the central bank are also used to settle debts between banks.
• Finally, the central bank may require the maintenance of a minimum credit balance on the account: The monetary reserves.

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Answer 2

Answer:

Hey mate here is the answer for your question......

The central bank is also called as the bankers bank because the central bank is the apex body of all the banking systems.... It's supervises coordinates and controls the operational activities of the commercial bank....

I hope this helps you......

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