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Which of the following issue paper currency in the country?
Commercial Bank
Central Bank
World Bank
Industrial Bank
- Option 1: Commercial Bank
- Commercial banks do not issue paper currency. They provide banking services like loans and deposits.
- Option 2: Central Bank
- Central banks are responsible for issuing paper currency. They regulate the money supply in the country.
- Option 3: World Bank
- The World Bank does not issue currency. Its role is to provide financial and technical assistance for developmental projects globally.
- Option 4: Industrial Bank
- Industrial banks focus on providing financial services to businesses, especially for capital projects. They do not issue currency.
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