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Questions
Write any two differences between:
Central Bank and Commercial Bank
Give one difference between central bank and commercial bank.
Solution
| Central Bank | Commercial Bank | |
| 1. Status | It is the apex institution of the country's monetary and banking structure. | It is one of the organs of the money market. |
| 2. Ownership | It is owned by the Government. | It is owned by shareholders. |
| 3. Objective | It is a non-profit institution. | It is a profit making institution. |
Notes
Students should refer to the answer according to their questions.
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