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What is true for the Central Bank?
Apex Bank of the Country
Ownership of the Government
Regulates the entire banking system in the country
All the above
- Option 1: Apex Bank of the Country
- The Central Bank is considered the apex or top bank in a country.
- It plays a pivotal role in shaping monetary policy and maintaining financial stability.
- Option 2: Ownership of the Government
- Central Banks are often owned or controlled by the government.
- They operate independently but serve national interests.
- Option 3: Regulates the entire banking system in the country
- The Central Bank oversees and regulates all other banks.
- Ensures system-wide stability and compliance with financial regulations.
- Option 4: All the above
- This includes all the aspects mentioned above.
Correct Answer: Option 4: All the above
By: santosh ProfileResourcesReport error
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