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Explain the bank of issue function …

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Explain the bank of issue function of central bank?
  • 1 answers

Yogita Ingle 5 years, 10 months ago

The main function of a central bank is to issue notes and coins. Bank issues the notes under the security of gold, silver, foreign currency and government. Only central bank is allowed to issue notes and coins. Central bank performs as the bank of all other banks.

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