Friday, 5 August 2011

what is central banking

whats central banking system?
                                                          Before the first world war there were only a few countries which had their own central banks after the war the number of central banks has increased and now there is not a single country in the world does not have its own central bank.

Asset structure
                         The asset structure of the central bank differ from country to country in some countries the central banks are nationalized for example bank of France (1800) and reserve bank of India (1947)are are nationalized they are owned and operated by Their Governments.