
Functions of Central Bank.

The essential function of a central bank is the maintenance of the stability of the monetary standard. Mainly central bank was introduced to establish economic discipline in a county through formatting, directing & maintaining banking systems and financial market. Thus, all the necessary activities to create well disciplined economic environment are performed by the central bank. The functions of central bank are expressed with two ways :
A. General functions.
B. Special functions.
A. General functions :
The...