Functions of central bank long ans ??

1.	Functions of central bank long ans ??
Answer» Heya... See here for your answer.... =================== Central bank is the apex of bank that regulates entire banking SYSTEM of the ECONOMY... Functions of Central Bank are ... • Note issuing authority Central bank has the note issuing authority , except coins all the notes are issued by the Central Bank.. • Banker to the govt Central bank act as banker to the govt. it GIVES lockers and the loans to the govt... • Credit control Central bank control the credit by using many instruments like CRR , SLR ETC... • FOREIGN reserve holder Central bank has the reserves of the foreign exchange and it use to run the outside transactions... • Lender of the last resort If any commercial bank fails to meet his needs then it gives loans to the commercial banks... • Clearing house function Central bank work to clear the house means to say to clear the cheque of different banks the same point of time from one bank to other... Hope it helps u .. Thank you

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