Which of the following is not a function of Central Bank ? Option 1: It controls the money supply in the economy through different rates. Option 2: It acts as a banker to the government. Option 3: It accepts deposits and give loans to people. Option 4: It issues the currency of the country.

The answer is 'It accepts deposits and give loans to people.'. View full solution:

CUET Economics - Which of the following is not a function of Central Bank ? | PYQs + Solutions

CUET Economics

Macro

Easy

It controls the money supply in the economy through different rates.

It acts as a banker to the government.

It accepts deposits and give loans to people.

It issues the currency of the country.

✅ Correct Option: 3

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C. The difference between the interest rate paid to depositors and charged for lending is called "Spread".

D. Commercial banks in isolation control the money supply in India.

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