Q. Which one of the following is not a function of the central bank in an economy?
Answer: Controlling government spending
Notes: A central bank, reserve bank, or monetary authority is a public institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking systems of their respective countries. Unlike a commercial bank, a central bank has a monopoly on expanding a country's monetary base, and usually also prints the national currency, which usually serves as the country's legal tender.
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