Discuss (a) banker to government

Rastra Bank The establishment: the Nepal Rastra Bank established 2013 B.S. (1956/57) under the NRB Act 2012 — the central bank's birth (the currency's issue authority, the system's regulator); the NRB Act 2058 (2001/02) — the modern statute (the autonomy's strengthening, the functions' recodification): the NRB today under the 2058 Act. The composition (the governance's craft): the Board (the NRB's governing organ — the Governor (the chair), the Deputy Governors, and the Government's-and-the-profession's members per the Act's design: the monetary-policy's authority collective); the Governor (the chief executive — the appointment, the term, the removal per the Act); the departments-and-offices (the organisational machinery: the supervision, the currency, the research — the functional describe). The functions (the six hats — the exam's craft): The currency's issue (the notes-and-coins' sole issuer (the note-issue department's monopoly) — the money's face); The banker to the government (the government's accounts held, the public-debt managed, the advisor's role (the fiscal's banker)); The bankers' bank (the banks' reserves kept, the lender-of-last-resort (the crisis's fire brigade), the settlement system's operation); The regulator-and-supervisor (the licensing (the BAFIA's administration joint-craft), the prudential norms (the capital, the liquidity, the provisioning), the inspection-and-enforcement (the on-site-and-off-site), the problem-institutions' resolution); The monetary policy's conduct (the money supply's management — the policy rates, the open-market operations, the reserve requirements (the CRR), the targets (the inflation's anchor);…