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One of the functions of the Central Bank is

...

One of the functions of the Central Bank is

A.

Production of goods

B.

Issuing of currency

C.

Presenting budgets

D.

Printing of cheque books

View answer & explanation

Correct answer is B

Functions of Central Bank

  • Issue money.
  • Lender of Last Resort to Commercial banks.
  • Lender of Last Resort to Government.
  • Target low inflation.
  • Target growth and unemployment.
  • Operate monetary policy/interest rates.
  • Unconventional monetary policy.
  • Ensure stability of the financial system.

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