Mention four reasons to justify that the Central Bank is not a Commercial Bank.

      

Mention four reasons to justify that the Central Bank is not a Commercial Bank.

  

Answers


sharon
-Does not lend money to individuals
-Doesn’t receive deposits from individuals neither does it run accounts for individuals.
-Not an agent to the stock exchange
-Does not discount bills of exchange
-Doesn’t offer money transfer services for individuals.

sharon kalunda answered the question on February 28, 2019 at 12:09


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