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Central bank of India |Difference between central bank and commercial bank |Class 12| Macroeconomics

Central bank of India |Difference between central bank and commercial bank |Class 12| Macroeconomics If you want to learn about central bank and commercial bank then it is a right place for you . This video contain details about the difference between central bank and commercial bank .
RBI is know as Central bank of India | All other banks working in India are know as commercial bank for e.g.
SBI ( State bank of India )
Icici bank
HDFC bank
And many more
RBI has monopoly of note issuing that is why this is know as Central bank of India .
Difference between central bank and commercial bank is a concept of macroeconomics of class 12th of CBSE BOARD and other state boards
NO one can able to open their account in Central bank of India ( RBI )
For primary function of commercial bank :
Barter system :
Indian contract Act :
How to understand English :

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