Introduction - Why is the Nepal Rastra Bank called the Central Bank?
According to the Nepal Nation Bank Act, 2012, In Baisakh 14, Nepal Rastra Bank have been established by the year 2013. It is especially found by the Government of Nepal to establish this bank as a central bank. Nepal can be seen as a leading role in Nepal's monetary, economic and developmental work. This is found as the central bank for the following reason:
- Central Bank established by the government
- Because of controlling all financial and monetary activity
- Because of the work of government banks and banks as well as banks
- Because monetary policy, monetary system is operational and practically operational
- To maintain financial interest of the public
- Maintain monetary good governance in the country
- Improve the status of the transformation
- Working notes and coin removal according to the needs of the country
- Working as Government Bank and Advisor
- To facilitate foreign exchange work
- Operating the Clearing House work effectively
- To help in developing and expanding the banking business of the country
- Regarding and proper management of the country's shopping and financial sector
- Monitoring and control of banks and banks
- Manage the appropriate information about the loan information
- Deposit and revenue collection
- To balance the demand and supply of money and implement the balance
- Manage the national debt for the operation of capital
- Payment balance
- To maintain the appropriate interest rate
- Debt management and debt control work
- Creating a suitable environment in the development of bank and financial institutions.
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