Business Studies, asked by ifadjahanporosh, 3 months ago

Why the role of ‘central bank’ is important as bank environment factor? Examine with explanation.

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Answered by poonamchhavisharma

Answer:

A central bank is an independent national authority that conducts monetary policy, regulates banks, and provides financial services including economic research. Its goals are to stabilize the nation's currency, keep unemployment low, and prevent inflation.

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