Tuesday, 10 February 2015

Banking Term - 10/2/2015

Central Bank 
                A bank that manages and regulates the banking system of a country. it provides guidelines to other banks in the country at the time when they face any problem and maintain deposits of other banks.

Central bank of Some countries

India - Reserve Bank of India
USA - Federal Reserve System
Switzerland - Swiss National Bank
Australia - National Bank of Australia
Pakistan - State Bank of Pakistan


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