| Point | Central bank | Commercial banks/FIs |
|---|---|---|
| Ownership and purpose | Public purpose; monetary stability | Profit for shareholders |
| Customers | Government and banks (not the public) | The general public |
| Note issue | Sole issuing authority | None |
| Lender of last resort | Yes | No — they borrow from it |
| Supervision | Supervises all FIs | Supervised |
| Monetary policy | Formulates and executes | Follow the policy |
1.4 Difference between Central Bank and Commercial Banks/FinancialInstitutions
यो उत्तर युनिट १ मा छ — पूरै निःशुल्क।
यही युनिटका अरू उत्तर
- 1.1 General Introduction to Banking System निःशुल्क
- Distinguish the central bank from commercial banks in a table of six points.3. निःशुल्क
- Discuss (a) development bank निःशुल्क
- Discuss (b) finance company निःशुल्क
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