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Central Bank is an ______. -

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Question

Central Bank is an ______.

Options

  • Rural bank

  • Regional bank

  • Commercial bank

  • Apex bank

MCQ
Fill in the Blanks

Solution

Central Bank is an Apex bank.

Explanation:-

It is an economy's highest banking authority. As a result, it is also known as the banking industry's apex body.

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Definition - Central Bank
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