Question

What is central bank ? in india

Answer 1

Heya....

See your answer here.

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Central bank is the apex of all the banks in the country...
It is the authorized bank by the govt of the country to operate the supervision role in the entire banking system...

In India Reserve bank of India , RBI is known as central bank...

It has the authority to issue the paper notes ...

It controls the money supply in the whole economy...

It gives advice and loans to the govt...

It regulates all the commercial banks of the country...

Thank you

Answer 2

heya !!

here is your answer⬇️⬇️

Central bank is the largest bank in india.

it is situated in Maharashtra.

The reserve bank of india is the central bank of india.

It also performs currency related of our country.

hope my answer helps you