A Central Bank is the sole authority for
A)Printing and Issuing currency note
B)Lending to public
C)Accepting deposits from customer
D)Issuing cheques

Question

Quizplus · Accepted Answer

Central Banks, such as the Federal Reserve in the United States or the European Central Bank in the Eurozone, are typically the only institutions authorized to print and issue currency notes. This is a key function of central banks, distinguishing them from commercial banks, which do not have the authority to issue currency.

A Central Bank Is the Sole Authority for