Economy, asked by utkarshsh420, 1 month ago

why is central Bank called Banker's Bank ​

Answers

Answered by sr3411095
1

Answer:

Since all commercial banks keep deposit accounts with the Central Bank, the Central Bank is in a position to act as clearing house for commercial banks. ... Take an illustration. There is not one commercial bank in the country but there are several commercial banks.

Answered by anubhabkumar2020
0

Answer:

Why is central Bank called Banker's Bank ​ because he banks which have to supply banknotes for their customers

Explanation:

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