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What is Banking Functions and Investment Options about?

The document discusses the roles and functions of central banks. As a banker to the government, the central bank manages government accounts and offers loans to the government. It also acts as an agent and advisor to the government by buying/selling securities and framing monetary policies. The document then lists some advantages of fixed deposits like guaranteed returns, tax benefits, flexibility in tenure and easy liquidation.

Author

Harshit Gupta

Language

EN