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Who normally keep their deposits in the Central Bank? - Economic Applications

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प्रश्न

Who normally keep their deposits in the Central Bank?

संक्षेप में उत्तर

उत्तर

  1. Commercial banks and other financial institutions hold deposits with the central bank. These deposits remain as reserves, which the central bank uses to control liquidity in the banking system, carry out monetary policy, and maintain financial stability.
  2. Additionally, government agencies may keep accounts with the central bank for their financial operations.
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Functions of a Central Bank
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अध्याय 9: Central Banks - QUESTIONS [पृष्ठ २१५]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 9 Central Banks
QUESTIONS | Q 14. | पृष्ठ २१५
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