Скачать с ютуб Meaning and Function of Central Bank в хорошем качестве

Meaning and Function of Central Bank

Meaning Central bank is the supreme bank of a country. It is the apex monetary authority which regulates, guides and develops banking system in the country Functions of Central Bank ***Regular Functions*** 1.Monopoly of note issue 2.Government’s banker, agent and advisor 3.Bank of all banks or banker’s bank 4.Lender of the last resort 5.Provides clearing house facilities 6.Custodian of foreign currency and metallic reserves 7.Control of credit 8. Foreign Exchange Control ****Development Functions**** 1.Publication of data and information: The central bank collects data related to money , banking and even real sectors of the economy which are essential for the formulation and evaluation of plans and policies 2.Help to develop money market and capital market by providing guidelines, regulations, supervisions and monitoring 3.Promotion of agricultural sectors by strengthening agricultural development bank, micro finance etc. Promotion of foreign trade by providing the facility of foreign currencies.