Social Sciences, asked by mrinmoybaruah, 10 months ago

Write three function of the central bank?​

Answers

Answered by yskar1385
3

Answer:

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.

Answered by ItsVirat
2

Answer:

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Explanation:

  1. bank of issue
  2. banker agent and advisor to government
  3. lesder of last report
  4. controller of credit
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