Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Which of the following is NOT a function of central bank?

Options:

Provides banking facilities to the government

Lends to the government 

Provide banking facilities to the public

Lends to commercial banks

Correct Answer:

Provide banking facilities to the public

Explanation:

Only commercial banks deal with the general public "Central bank" does not. Commercial banks deals with public by accpeting deposits and lending loans to them.