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The ______ of a country serves as the leader of the banking system and the money market. - Commercial Applications

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Question

The ______ of a country serves as the leader of the banking system and the money market.

Options

  • Commercial Bank

  • Central Bank

  • Specialised Bank

  • None of these

MCQ
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Solution

The Central Bank of a country serves as the leader of the banking system and the money market.

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Chapter 7: Banking and Bank Transactions - EXERCISES [Page 123]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 7 Banking and Bank Transactions
EXERCISES | Q 4. | Page 123
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