Mention four functions of a Central Bank. (2024)

Eight major functions of central bank in an economyare as follows:

See Also
Is the Federal Reserve a privately owned corporation? - San Francisco Fed

(1) Bank of Issue,

(2) Banker, Agent and Advisor toGovernment,

(3) Custodian of Cash Reserves,

(4) Custodian of Foreign Balances,

(5) Lender of Last Resort,

(6) Clearing House,

(7) Controller of Credit, and

(8) Protection of Depositor’s Interest.

Mention four functions of a Central Bank. (2024)
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