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Classwork Series and Exercises {Business Studies – JSS2}: Bank Services

Business Studies JSS 2 Week 5 Topic: Bank Services Contents: Meaning of Bank Types of Banks Function of Banks Commercial bank services A. Meaning of Bank A bank is an establishment authorized by a government to accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other financial […]

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The Functions Of The Central Bank

Leave a Comment / Education / Busola Ojumu

A Central Bank or Reserve bank is an institution that manages a state’s currency, money supply and interest rates. A Central possesses the monopoly to increase the amount of money in the nation and also prints the national currency – the nation’s legal tender. The major function of the central bank is to manage the

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Classwork Series and Exercises {Business Studies – JSS2}: Bank Services

The Functions Of The Central Bank

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