Features of Central Bank

A central bank has the following list of definitive functions :

  1. The objective of the central bank is to the economic welfare of the country
  2. To take the responsibility of note issue
  3. It is the apex of the monetary and banking structure
  4. Determine the optimum level of money supply and control & deflation.
  5. It represents the government and functioning as a banker of the Govt. 


Further Reading:

11 Features of A Central Bank


Share it:  Cite

More from this Section

  • Syndicated Eurocredit loans
    Syndicated Eurocredit loans— loans provided by a group (or syndicate) of banks in the ...
  • Technical Analysis
    Technical analysts, traditionally referred to as chartists, focus on price and volume ...
  • Average life
    Average life weighted average of the maturities of various loans or bonds after taking ...
  • Deposit facility
    Deposit facility is The European Central Banks standing facility in which banks are paid ...
  • Credit unions
    Credit unions are member-owned savings cooperatives, normally sponsored by a union, company ...