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Wednesday, June 1, 2011

Bnk604 GDB Solution

The following role of Central Bank to regulatory body for the commercial Banks 

1- Central bank control the Monetary policy 
2- Central bank help to maintain the interest rate on loans
3- Central bank helpful to control the inflation rates in the country
4- Central bank control the supply of money, often targeting a rate of interest
5- Central bank main goals usually include relatively stable price and low unemployment.

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