Ch.6 Banking and Commercial bank class 12th MacroEconomics скачать в хорошем качестве

Ch.6 Banking and Commercial bank class 12th MacroEconomics

Commercial banks and central banks form the core of a modern banking system, serving distinct but complementary roles. Commercial Banks are profit-oriented financial intermediaries for the public and businesses. Their primary functions include accepting deposits, providing loans, and offering payment services like cheques and credit cards. They generate profit from the interest rate spread between deposits and loans. In contrast, the Central Bank is the apex financial institution and acts as the banker to the government and commercial banks. Its key objectives are not profit but maintaining monetary and financial stability. It achieves this by issuing currency, regulating commercial banks, managing the nation's foreign reserves, and implementing monetary policy (e.g., controlling interest rates) to control inflation and foster economic growth. Essentially, the central bank oversees the entire banking system. Class 12th Economics (2025-2026)    • Class 12th Economics (2025-2026)   #cuetmacroeconomics #MONEYANDBANKING