Give reasons or explain:
As a banker for the government, the Central bank transfers government funds.
Greetings to all the aspiring business leaders and scholars! Welcome to the dynamic realm of business studies, where the intricacies of commerce and strategy converge. As you embark on this educational journey, you’ll gain insights into the world of entrepreneurship, management, economics, and innovation. The business landscape thrives on diverse perspectives, and each of you brings a unique lens to understanding how organizations thrive and economies evolve. Get ready to explore case studies, analyze market trends, and cultivate the skills necessary to navigate the ever-changing business environment. Your dedication to mastering these concepts will undoubtedly pave the way for future success and innovation. So, seize this opportunity to learn, grow, and contribute to the world of commerce in meaningful ways.
And now we give you the correct answer:
Central bank is also known as banker to the government as central bank is an banker, agent and
financial adviser to the government. It manages the account of the government,
it buys and sells the securities of the government and it frames policies to
regulate the money market.
#Give,reasons,or,explain:,As,a,banker,for,the,government,,the,Central,bank,transfers,government,funds.