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What are the functions of the central bank ?

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What are the functions of the central bank ?

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Following are the functions of the central bank:

  1. Issuing of currency.
  2. Banker’s bank and controller.
  3. Banker and adviser to government.
  4. Custodian of foreign exchange reserves.
  5. Lender of last resort.
  6. Clearing house function.
  7. Regulator and controller of credit.
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