Which is NOT a function of a central bank?
AIssuance of legal tender
BBanker to commercial banks
CGranting loans to individualsCORRECT
DLender of last resort
CIBNBanking Principles
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
Central banks do not lend directly to individuals. They issue currency, regulate banks and act as lender of last resort.
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