Functions of central bank, Finance Basics

Functions of Central Bank

a) Ensure Economic stability

b) Lender to the government

c) Printing of currency notes

d) Banker to the government

e) Lender of last resort

Tools utilized To Control the Level of Money in Circulation

a) Monetary policies as like Treasury bills, Reserve ratio and Treasury bonds.

b) Fiscal policies as like taxation

Posted Date: 2/1/2013 2:04:33 AM | Location : United States

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