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The role of the central bank is to control all local banks in a country.
Central banks are the regulator or supervisors of banking operations in a country. All member banks that operate in a country have to follow the rules laid down by them. For Example Reserve Bank of India is the central bank in India and Federal Reserve is the central bank in USA
Because central bank, reserve bank, or monetary authority is an institution that manages a nation's currency, money supply, and interest rates. it is the mother of all financial institution within the country it is the monetary policy maker. all country has its own central bank. yeah its true that the central bank prints money but only prints when there is a lot of gold reserve in the bank/
Switzerland
Bangco Sentral ng Philipinas or BSP is the Central Bank of Philippines. It was established in 1949 by the Government of Philippines to oversee & supervise banking operations in the country. They perform the role of the Central Bank that supervises all banking operations in the country and is similar to other central banks like Reserve Bank of India, Federal Reserve of USA etc.
central bank is a bank that make the monetary policy of the country....
Yes and No. Actually speaking, there is a bank named Central Bank of India which offers commercial and retail banking services to citizens of India. At the same time, the term Central Bank of a Country refers to the bank that governs all banking operations in a country. If that is what you are referring to by central bank in your question, then Yes, Reserve Bank of India (RBI) is the central bank in the country.
The role of the central bank is to control all local banks in a country.
Varies from each country has it on Central Bank these how we get.
Central banks are the regulator or supervisors of banking operations in a country. All member banks that operate in a country have to follow the rules laid down by them. For Example Reserve Bank of India is the central bank in India and Federal Reserve is the central bank in USA
There is only one central bank in India,is Reserve Bank of India.Central bank of a country means those bank which controls and regulates all banking functions and regulations inside the country under the control of centre Govt..
It is the central bank of Lebanon.
Because central bank, reserve bank, or monetary authority is an institution that manages a nation's currency, money supply, and interest rates. it is the mother of all financial institution within the country it is the monetary policy maker. all country has its own central bank. yeah its true that the central bank prints money but only prints when there is a lot of gold reserve in the bank/
Bank of America is the central bank that is the official bank of the American Republic. Bank of American has branch locations all over the United States and is one of the largest banks in the country.
It varies from country to country. Every country has a central bank that is the bank for other banks in the country. Ex: Federal reserve system - USA Reserve Bank - India etc
The role of the National Bank of Ethiopia is to serve as the central bank for that country. It began in 1964.
Switzerland