Tag Archives | central

Brief note on essential central problems of an economy

Human wants are unlimited but resources to meet these wants are limited. These limited resources can also be put to alternative uses. Scarcity of resources creates the problems of choice making. This is the problem of making the best use of resources.

By |2011-03-10T09:44:51+00:00March 10, 2011|Economics|Comments Off on Brief note on essential central problems of an economy

What are the functions of Central Bank?

The central bank has the sole monopoly of note issue in almost every country. The currency notes printed and issued by the central bank become unlimited legal tender throughout the country.

By |2010-12-28T19:35:25+00:00December 28, 2010|Banking|Comments Off on What are the functions of Central Bank?

Write a short note on the growth of central banking

Central banking is a recent phenomenon mainly related to 19th and 20th centuries, although certain central banking functions were performed by certain institutions in the olden days. The growth of central banks has been very slow. The Riks Bank of Sweden is the earliest bank established in 1656.

By |2010-12-28T19:25:16+00:00December 28, 2010|Notes|Comments Off on Write a short note on the growth of central banking

Write a short note on the meaning of Central Bank

Central bank is the supreme monetary institution, which is at the apex of the monetary and banking structure of a country. It is the leader of money market and as such controls, regulates and supervises the activities of commercial banks.

By |2010-12-28T19:12:53+00:00December 28, 2010|Notes|Comments Off on Write a short note on the meaning of Central Bank
Go to Top