Central bank acts as a banker and financial advisor to the government. As a banker to the government, it performs the following functions :
(a) It manages the account of the government.
(b) It accepts receipts from the government and makes payment on behalf of it'
(c) it grants short-term loans and credit to the government'
(c) It performs the task of managing the public debt.
(e)The central bank advises the government on all the banking and financial matters.
