Q.
Describe four (4) main roles of the Central Bank of Malaysia.
(20 marks, 2019 Q8)
A.
Similar question was asked in:
Although the question specified 4 main roles, below are common functions of Central Bank.
- Issuance of notes
- Regulation and supervision of the financial system
- Bankers’ bank
- Lender of the last resort
- Banker to Government and
- Conduct of monetary policy.
- Agency functions like management of public debt
- Management of foreign exchange etc.,
- And other functions like advising the government on policy matters
- Maintaining close relationships with international financial institutions.
Ref:
Earlier posts.