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Which of the following is the function of a Central bank?
Issue of notes
Banker to the Government and Banks
Supply and control of money
All of these
Your answer is option:4- All of these.
- Option 1: Issue of notes
- Central banks have the authority to issue and regulate the currency notes in a country.
- Option 2: Banker to the Government and Banks
- They manage the government's accounts and facilitate transactions and borrowing needs.
- Central banks act as bankers' banks, where commercial banks hold accounts and are offered lending facilities.
- Option 3: Supply and control of money
- Central banks are responsible for monetary policy, which includes controlling money supply and interest rates to ensure economic stability.
- Option 4: All of these
- This option is correct. Central banks perform all the functions listed above.
By: santosh ProfileResourcesReport error
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