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Is It a good idea to have an independent central bank?
Yes. Central banks are independent entities and they have the right to make rules and policy decisions governing the banks in their country.
What has the author Carel CA van den Berg written?
Carel C.A. van den Berg has written: 'The making of the Statute of the European System of Central Banks' -- subject(s): Banks and banking, Central, Central Banks and banking, European Central Bank, European System of Central Banks
How does the central banks control the interest rate?
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too.
How does the central banks control the interest rates?
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too.
Does the district central cooperative banks are government banks or private banks?
government bank
What has the author Bernard Eschweiler written?
Bernard Eschweiler has written: 'Rules, discretion, and central bank independence' -- subject(s): Banks and banking, Central, Banks and banking, German, Central Banks and banking, German Banks and banking, History, Monetary policy
Why is central bank called the bank of banks?
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
Which country remain independent?
Ethiopia and Liberia ~Banks
Are Credit unions are owned by the board of directors of the banks that established them?
They're technically owned by the members that use the credit union. But they have an independent Board of Directors. Politically speaking, if it is owned by a bank, then the bank will likely have an influence over theyre decisions behind the scenes
What has the author Ralph J Mehnert-Meland written?
Ralph J. Mehnert-Meland has written: 'Central bank to the European Union' -- subject(s): Banks and banking, Central, Central Banks and banking, European Central Bank, European Monetary Institute, European System of Central Banks, Monetary policy
Is it possible for individual operate an account with central bank?
No. Central banks are the regulator or supervisors of banking operations in a country. Individuals cannot have bank accounts with them. Only banks that are authorized to provide banking services in the country are allowed to have accounts with the central banks
What has the author Khin Nyo Nyo written?
Khin Nyo Nyo has written: 'Central banking in Southeast Asia' -- subject(s): Banks and banking, Central, Central Banks and banking
