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Which of the following is not the function of the central bank? -

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Question

Which of the following is not the function of the central bank?

Options

  • Banking facilities to government

  • Banking facilities for the public

  • Lending to government

  • Lending to commercial banks

MCQ

Solution

Banking facilities for the public

Explanation:

Commercial banks interact directly with the general public, taking and leading deposits.

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Function of Central Bank - Bank of Issue
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