Which is not the function if central bank

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Banker to the government
B	Controller of the money supply
C	Bankers bank
D	Overdraft facility

Explanation:

Detailed explanation-1: -Issuing of coins is not a function of the Central Bank.

Detailed explanation-2: -The central bank only deals with commercial banks, and not directly with the public.

Detailed explanation-3: -1 Answer. B. Banking facilities to public is not the function of the Central Bank.

Detailed explanation-4: -Features of Bank Overdraft 1. Banks offer overdraft facilities on a predetermined limit which differs from borrower to borrower. 2. In an overdraft account the withdrawal or deposit of an amount can be done anytime upto the specified limit.

There is 1 question to complete.