1.

Distinguish between Central Bank and Commercial Bank

Answer»
Central BankCommercial Bank
(i) It is a banker to the banks and the government of the country.(i) It is the banker to the citizens of the citizens of the nation.
(ii) It looks after the monetary system of the country is known as Central Bank.(ii) It provides banking services to the (fund based and non-fund based).
(iii) It has the right to print currency notes.(iii) No such right.
(iv) It prepares monetary policy.(iv) A commercial bank does not have any right to prepare monetary policy.



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