Sunday, July 9, 2017

What is Central Bank ?



Answer:
A central Bank being generally recognized as the bank which constitutes the apex of the monetary and banking structure of its country and which performs as best it can in the national economic interest.

Bangladesh Bank
Ø  Bangladesh Bank, the central bank as well as chief authority to regulate country’s monetary and financial system,
Ø  Established vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971.
Ø  At present it has got 9 branches and those are located at Motijheel, Khulna, Sadarghat, Bogra, Chittagong, Sylhet, Barisal, Rangpur and Rajshahi in Bangladesh.

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