0
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.
What else can I help you with?
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.
Where is the European central bank located?
The European Central Bank is located in Frankfurt am main, Germany.
What is the role of central bank?
The role of the central bank is to control all local banks in a country.
Why is the central bank called the bank of banks?
why bank called bank of all banks
What is the ecb?
The ECB, is also know as the European Central Bank. Obvious as it sounds, it is the Central bank for the Eurozone
Can an actuarial scientist work in a central bank?
Normally a central bank does not offer insurance policies and therefore does not need actuaries.
Is Indian bank a central govt job?
Yes Indian bank jobs is a central bank jobs. For more information on central and state govt jobs please visit jobsnexams.com
How does the financial system work?
The US financial system works according to some institution like the Central Bank. The Central bank lend money into existence to the banking institutions.
What is a central bank?
central bank is a bank that make the monetary policy of the country....
What is the central bank of the US is the?
The Federal Reserve Bank is the central bank of the US.
How does the us financial system work?
The US financial system works according to some institution like the Central Bank. The Central bank lend money into existence to the banking institutions.
What is the name of the central bank of the US?
The Federal Reserve Bank is the central bank of the US.
Name the central bank of India?
central co-operative bank
Chairman of central bank of India?
who is chairman of central bank of india
When was Central Bank of Myanmar created?
Central Bank of Myanmar was created on 1990-07-02.
Is state bank of India a central bank?
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.
Brazil's national bank?
Banco Central Do Brasil (Central Bank of Brazil)
