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Yes. Central Banks still exist. They govern the operation of all the banks in the country. They decide the interest rates, deposit rates and also the guidelines based on which banks must operate. The purpose of the central bank is to ensure that the country's economy is stable and the citizen's interests are protected against any unwanted activities by the banks.
Ex: Reserve Bank in India, Federal Reserve in USA etc.
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∙ 13y ago
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Name the Oldest central bank in the world?
Sveriges Riksbank: The central bank of Sweden "Sveriges Riksbank" founded in 1668 is the oldest central bank still operating today.
Can you still exchange an Irish 5-00 notes?
Only at the central bank in Dublin.
What is issue of shares?
The right shares are the shares which a company issues to its existing shareholders. If e.g., a commercial bank in order to comply with its Central Bank's request of raising paid up capital to a certain amount decides to issue further shares, then these shares will first be offered to its existing shareholders. In case of no response from the existing shareholders, they can then be offered to others.
What is issue of right?
The right shares are the shares which a company issues to its existing shareholders. If e.g., a commercial bank in order to comply with its Central Bank's request of raising paid up capital to a certain amount decides to issue further shares, then these shares will first be offered to its existing shareholders. In case of no response from the existing shareholders, they can then be offered to others.
Do you have to purchase a new furnace to get central AC or can central AC be added with an existing furnace using the existing duct work?
My parents did it with existing ductwork.
Can you still exchange EU banknotes?
Yes, all notes issued by the European Central Bank are still legal tender.
What is issue of right shares?
The right shares are the shares which a company issues to its existing shareholders. If e.g., a commercial bank in order to comply with its Central Bank's request of raising paid up capital to a certain amount decides to issue further shares, then these shares will first be offered to its existing shareholders. In case of no response from the existing shareholders, they can then be offered to others.
What is the central bank of the US is the?
The Federal Reserve Bank is the central bank of the US.
What is a central bank?
central bank is a bank that make the monetary policy of the country....
What is the name of the central bank of the US?
The Federal Reserve Bank is the central bank of the US.
What banks in the US still offer cash box services?
Most US banks still offer cash box services. Some banks that do offer the service include 'US Bank', 'Bank of America', 'Bank First', 'Capital One Bank' and 'Central National Bank'.
Name the central bank of India?
central co-operative bank
