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प्रश्न
The ______ of a country serves as the leader of the banking system and the money market.
पर्याय
Commercial Bank
Central Bank
Specialised Bank
None of these
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उत्तर
The central bank of a country serves as the leader of the banking system and the money market.
Explanation:
The central bank is the apex institution that controls and regulates the entire banking system of a country. It manages the money supply, issues currency, supervises commercial banks, and maintains financial stability. It also acts as the leader of the money market by formulating monetary policies and guiding the overall economy.
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