Difference between a Central Bank and a Commercial Bank
Central banks differ from a commercial bank in respects of various things. The important points of difference are as follows:
Tag Archives | central bank
Brief note on monetary policy under which the central bank controls the supply of money
Monetary policy is the policy under which the central bank of a country (country’s monetary authority) controls the supply of money, interest rate and the uses of money to achieve certain desirable objectives, viz. full employment, economic stability and economic growth.