In: Finance
exaplain how centreal banking mandates evole following changes in the economic, political, and ideological enviroment in 200 words
The Central Banking Mandates evole the changes in the economic political and ideological environment
First of all you just know about the central bank Central bank is the bank of the banks like as in india reserve bank of india is a central bank similiarly is USA federal Bank is a Central Bank
Central bank is the bank which regulates all the other banks Central Bank provides the loans to the bank and Taking the deposits of the bank . Repo rate and the Reverse Repo Rate is dcided by the Central BAnk on which totally the interest rate charged by the banks is depended Repo Rate is the Rate of interest which is charged by h=the central bank on the loan provided to other BAnk and the Reverse Repo Rate is the Rate of interest which is given by the central bank to the other bank on the amount of deposits
All Other banks are directed on the rules and regulations of the central bank.which can followed the changes in the economic political and ideological environment .Means many times for the better economic conditions Interest Rate charged by the bank can reduced by the directions of cental bank Similiarly better eci=onomic condition may leads to better policital stability