A bank which is entrusted with the functions of guiding and regulating

1.	A bank which is entrusted with the functions of guiding and regulating the banking system of a country is known as its
Answer» A bank which is entrusted with the FUNCTIONS of GUIDING and regulating the banking SYSTEM of a country is known as Central bank. Such bank does not deal with public and it PLAYS a VITAL role in monetary and banking system of country. It is responsible to maintain financial stability.

A bank which is entrusted with the functions of guiding and regulating the banking system of a country is known as its

Answer»

A bank which is entrusted with the FUNCTIONS of GUIDING and regulating the banking SYSTEM of a country is known as Central bank.

Such bank does not deal with public and it PLAYS a VITAL role in monetary and banking system of country. It is responsible to maintain financial stability.

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A bank which is entrusted with the functions of guiding and regulating the banking system of a country is known as its

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