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What is meant by the central bank of a country? - Commercial Applications

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What is meant by the central bank of a country?

थोडक्यात उत्तर

उत्तर

The central bank leads the money market and regulates credit volume to ensure stability. Credit money accounts for a significant portion of the country's total money supply. Excess credit leads to higher pricing, imports, and decreased exports, which in turn result in an unfavourable payment balance.

The goal of credit control is described below:

  1. The stability of internal prices.
  2. The foreign exchange rate is stable.
  3. Promoting high employment.
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पाठ 14: Banking - EXERCISES [पृष्ठ २५७]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 14 Banking
EXERCISES | Q 2. i | पृष्ठ २५७
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 7 Banking and Bank Transactions
EXERCISES | Q 2. i. | पृष्ठ १२६
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