Which institution is at the apex of the banking system of a country ?
(a) Commercial bank (b) Private bank(c) Central bank (d) Foreign bank
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Answer:
Central bank is an apex institution of the monetary and banking system of a nation's economy as it regulates and controls the entire banking system and monetary market of a country. It is the sole agency of note issuing and controls the supply of money in the economy.
Answered by
1
Answer:
Central bank
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