Banking Exam Question - What are the Development Functions of Nepal Rastra Bank? What are The Functions of Nepal Rastra Bank Not to Do? Explain

Introduction - Nepal Rastra Bank's Development Functions 

• Provides short-term, medieval and long-term finances to government.
• The government will help to build monetary, financial policies.
• Extends the banking and financial sector in the country.
• Economic Studies and Research
• Provides necessary information in planning planning.
• International financial institution relationship such as, World Bank, International Monetary Fund, Asian Development Bank etc.

The Functions of Nepal Rastra Bank Not to Do

• The actions of Nepalese banks should not be done as follows:
• Providing a loan, giving any kind of deposits or giving any kind of financial gift,
• To buy any commercial bank, financial institution, public institution, or company shares or any other financial, commercial, agriculture, industrial or other institution or ownership rights in any other way,
• To gain rights on any kind of business, purchase, rent, or any movable real estate.