Social Sciences, asked by prateekdhupar045, 3 months ago

Which is the central bank of India? Explain any 4 function of it Please help me

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Answered by brainlystar6129

3

Eight major functions of central bank in an economy are as follows: (1) Bank of Issue, (2) Banker, Agent and Advisor to Government, (3) Custodian of Cash Reserves, (4) Custodian of Foreign Balances, (5) Lender of Last Resort, (6) Clearing House, (7) Controller of Credit, and (8) Protection of Depositor's Interest.

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