Question

What is the function of the central bank?

Answer 1

monopoly of note issue
custodition of exchange reserves
promoter of economic development
banker to the government
banker to commercial banks
controller to credits

Answer 2

Hello

Functions of Central Banks

1. Bank of Issue

2. Banker to the Government

3. Banker’s Bank and Supervisor.

4. Controller of credit.

5. Lender of last resort

6. Custodian of foreign exchange reserves

Hope It Helps u :)