Sail E0 Webinar
Question
Which of the following is NOT true about the central bank?
Options:
A .  It deals directly with commercial banks and the public
B .  It has full control over the money supply
C .  It is the custodian of reserves
D .  It is the sole authority to issue currency notes
Answer: Option A
:
A
The central bank only deals with commercial banks, and not directly with the public. Other statements are correct.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers