Who normally keep their deposits in the Central Bank?

Answer in Brief

Commercial banks and other financial institutions hold deposits with the central bank. These deposits remain as reserves, which the central bank uses to control liquidity in the banking system, carry out monetary policy, and maintain financial stability.
Additionally, government agencies may keep accounts with the central bank for their financial operations.

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Functions of a Central Bank

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Chapter 9 Central Banks
QUESTIONS | Q 14. | Page 215

In the realm of economic development, how does the role of entrepreneurs impact the overall growth and stability of a nation.

Central bank is the ______ of the country's foreign currency reserves.

Give two major functions of the central bank of our country.

The main advantage of giving the monopoly right of note issue to the central bank is that it ______.

______ is the main function of central bank.

Identify which of the following is not the function of the central bank?

The central bank acts as ______.

Mention two ways in which the Reserve Bank of India assists the commercial banks.

Explain the following function of the central bank of a country.

Developmental functions.

Name the institution that enjoys the monopoly of note issue in India.