Question

the responsibility of the monetary policy of a country is assigned to - a) commercial bank. b) co operative bank. c) central bank. d) development bank

Answer 1

The responsibility of the monetary policy of a country is assigned to central bank.

The central bank also helps to set the official rate of interest.

The central bank used to manage the country exchange rates.

The central bank performs various functions in many ways like it acts as the bank for various bankers.

Answer 2

Answer:

The responsibility of monetary policy of a country is assigned to- (c) The Central Bank