History of Banking System There are various view about banking and its evolution, the origin of a word ‘bank’ is that it is derived for Italian word ‘banque’ which means bench. Another view is that it has originated from f German word ‘banc’ which means a joint stock firm. According to G.crowther the present […]
What is Central Bank Definition & Meaning
What is Central bank Central bank that provides financial and banking services for its country’s government and, as well as implementing the government’s monetary policy and issuing currency. Central Bank have a wide range of responsibilities, from overseeing monetary policy to implementing specific goals such as currency stability, low inflation and full employment. […]