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Barter System - Examples , Problems , Characterstics // Evolution of Money.

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Functions of Central Bank Class 12 Economics , What are the Functions of Central Bank , Explanattion , Importance

Function of the Central Bank Class12 Economics This article will help you to understand the Concept of Central Bank and it's functions in a easy and effective manner. Of Class 12 Macroeconomics  Unit : Money and Banking Functions it perform as an 'apex' body in any economy. After reading the article you will be able to answer the following questions : What is Central Bank? Meaning of Central Bank? Role of central Bank? What are the functions of Central Bank?   Let's first understand What is a Bank?   "Bank is an organisation whose principal operations are concerned with the accumulation of the temporary Idol money of the general public for the purpose of advancing it to others for expenditure in any economy"   Central Bank : A central bank is it top most and epics institution in any country which operates, controls, directs, and regulate the monetary and banking structure of the specified country, not only this Central Bank acts as...
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Money and Banking Class 12 Notes , Money and Banking Class 12 Ncert Solutions

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