Question

what is central Bank of India?​

Answer 1

Answer:

A central bank is a state institution that usually has the power to regulate commercial banks, create monetary policy, and provide financial services. They help stabilize the currency of the nation, prevent inflation, and keep unemployment low. The central bank of the U.S. is called the Federal Reserve.

Answer 2

Answer:

Central Bank of India is an Indian government-owned bank. It is under the ownership of Ministry of Finance, Government of India and is one of the oldest and largest government owned commercial banks in India. It is based in Mumbai which is the financial capital of India and capital city of state of Maharashtra

Explanation:

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