Question

Mention two differences between the Central Bank and a Commercial Bank. 

Write any two differences between:

Central and Commercial banks

How is a commercial bank different from a central bank?

Write three differentiate between commercial and central bank.

How does a central bank differ from a commercial bank?

Give any three points of difference between Central Bank and Commercial Bank.

To what extent does Central Bank differ from Commercial Banks?

Give any one difference between Commercial bank and Central bank.

Give five points of difference between Commercial and Central Bank.

Answer 1

Points of Difference	Central Bank	Commercial Bank
Status	It is the apex institution of the country’s monetary and banking structure.	It is one of the organs of the money market.
Ownership	It is owned by the government.	It is owned by shareholders.
Objective	It is a non-profit institution.	It is a profit-making institution.
Customers	It is a banker to the government.	It is a banker to the general public.
Issue of Notes	It has the monopoly on note issuance.	It cannot issue notes but only denques.
Credit Control	It controls credit according to the country’s needs.	It creates credit to meet the needs of business.