Why central bank called as Apex bank?
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The Central Bank is the Apex Bank in India because of the following functions: ... Regulator of the Banking System. Manager of Foreign Exchange. Regulator and Supervisor of the Payment and Settlement Systems.
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The central bank is the apex bank in india because of the following function: ....Regulator of the banking system. Manager of foreign exchange. Regulator and supervisor of the payment and settlement systems
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