1. Supervising the operations of all the member banks
2. Controlling money flow in the country
3. Keeping inflation in check in the country by changing monetary policies
4. Printing currency
The role of the National Bank of Ethiopia is to serve as the central bank for that country. It began in 1964.
If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
The Federal Reserve Bank is the central bank of the US.
central bank is a bank that make the monetary policy of the country....
The Federal Reserve Bank is the central bank of the US.
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The Central Bank of Myanmar was established on 3 April 1990 under the Central Bank of Myanmar Law.
Yes and No. Actually speaking, there is a bank named Central Bank of India which offers commercial and retail banking services to citizens of India. At the same time, the term Central Bank of a Country refers to the bank that governs all banking operations in a country. If that is what you are referring to by central bank in your question, then Yes, Reserve Bank of India (RBI) is the central bank in the country.
Banco Central Do Brasil (Central Bank of Brazil)
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