answersLogoWhite

0

Being a place for federal governments to deposit money raised from taxes and to provide loans to government and business.

User Avatar

Jessie Zieme

Lvl 10
3y ago

What else can I help you with?

Related Questions

What to activities would the national bank be responsible for?

making and loaning money


What activities would the National Bank be responsible for?

making and loaning money


What to activities would the national bank responsible for?

making and loaning money


What is CMD in bank?

CMD stands for Chairman and Managing Director. The CMD is the head of operations of that bank and they run the day to day activities of the bank. They are the people in-charge of the bank and who are responsible to make the bank a famous and profitable entity


What are the loan activities of a bank?

these are bank activities


What is the Significance of a bank?

A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.


What do you know by bank .explain functions and importance of bank?

A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.


What are the function of banks?

A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.


What two activities would the national bank be responsibile for?

taxes and bills for people money


What was the nation's first true bank?

The nation's first true central bank was The Federal Reserve.


Who is responsible for confirmping your bank account balance?

who is responsible for confirming your bank account balance


What is the role of banking in the society?

A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc