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प्रश्न
Give two reasons as to why a Central Bank is needed.
टिप्पणी लिखिए
उत्तर
Two reasons why a central bank is needed are:
- By establishing rules and regulations governing banks and their functions, the central bank plays a critical role in guaranteeing economic and financial stability.
- They promote the country's economic development by regulating monetary policy to ensure low and steady inflation.
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Central Bank: Functions
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