What is central bank??
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Answered by
10
Heya...
See here for your answer ...
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There is no any standard definition of Central Bank...
But we can define in in the way of...
It is an apex of bank that has the authority to issue notes , control credit supply in economy , act as supervisor over all the banks in the nation , serve as banker and advisor to the government.......
It can be of different names...
As federal Bank in USA ...
And RBI in India...
-- Be Brainly...
See here for your answer ...
============
There is no any standard definition of Central Bank...
But we can define in in the way of...
It is an apex of bank that has the authority to issue notes , control credit supply in economy , act as supervisor over all the banks in the nation , serve as banker and advisor to the government.......
It can be of different names...
As federal Bank in USA ...
And RBI in India...
-- Be Brainly...
Answered by
11
Central Bank : A national bank that provides Financial and banking service for its country 's government and commercial banking system.It is an independent national authority that conducts regulates bank. Its main goal are to stabilize the national currency.
Our Central Bank is Reserve Bank of India.
Our Central Bank is Reserve Bank of India.
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