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Question
Which of the following is not a function of the Central Bank?
Options
Banker to Commercial Banks
Banker to the public
Fiscal agent of the Government
Monopoly of note issue
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Solution
Banker to the public
Explanation:
The central bank does not provide banking services to the general public. The bank primarily serves commercial banks and the government, not private customers. Option (a), (c), and (d) describe the functions of a central bank.
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