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प्रश्न
How is a commercial bank different from a central bank?
उत्तर
Differences between Commercial Bank and Central Bank:
| Central Bank | Commercial Bank |
| The central bank is the apex bank and is also known as the bank of all the banks. | A commercial bank functions under the control of the central bank. |
| It focuses on social welfare. | It focuses on profit maximisation. |
| It does not accept deposits. | It accepts deposits from the public and provides loans to individuals and households. |
| It issues currency. | It has no authority to issue currency |
| It is an advisor to the government on monetary issues. | It is not an advisor. |
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