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Briefly explain about Central Bank. - Commerce

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प्रश्न

Briefly explain about Central Bank.

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उत्तर

Every nation has one central bank. It is owned by the Government of the country. The control over the entire banking system of a country is vested with this apex bank. Central banks are known by different names in different countries. In India, the Reserve Bank of India (RBI) is the central bank.

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पाठ 10: Reserve Bank of India - Exercises [पृष्ठ ९५]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
पाठ 10 Reserve Bank of India
Exercises | Q II. 3. | पृष्ठ ९५
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