BusinessGeneral Functions of a Central Bank General Functions of a Central Bank A central bank is a bank which leads all banks and control money supply in the money market. In…
BusinessGeneral Roles of Central Bank General Roles of Central Bank A central bank is a bank which leads all banks and control money supply in the money market. In modern…
BusinessWhy Central Bank does regulate Credit? Central bank acts as the lender of the money market, supervises controls and regulates the activities of commercial banks and financial institutions. A central bank…
BusinessQualitative or Selective Credit Control mechanism of Central Bank In a modern developed economy, the aggregate volume of credit constitutes the bulk of the community’s money supply. Credit has come to play a predominant…
BusinessQuantitative or General Credit Control mechanism of Central Bank Credit control is the method or technique; by which central bank can keep then the availability of credit or money supply at the desired level,…
BusinessWhy central bank is called as a lender of last resort? The central bank is called as a lender of last resort – The central bank is a bank which leads all banks and control money…
BusinessDifference between Central Bank and Commercial Bank Central bank is a bank which leads all banks and control money supply in the money market. In modern economies, the central bank is usually…
BusinessReal Time Gross Settlement (RTGS) Real Time Gross Settlement (RTGS) The real-time gross settlement system facilitates an instant transfer of money from one account to other across cities. This is…
BusinessElectronic Funds Transfer Electronic Funds Transfer This electronic mode of remittance of funds is enabled by the participating banks under the supervision of the central bank of the…
BusinessElectronic Clearing Services (ECS) Electronic Clearing Services (ECS) are an electronic mode of payment/receipt for transactions that are repetitive and periodic in nature. These are electronic payments offered by…