1. The role of the financial system is crucial and significant to the economy. There are several components in the financial system, of which each plays fundamental roles, in supporting the continuing growth of the economy. Central Bank is one of these components.

Based on the above, you are to identify, explain and justify the value propositions of the financial institutions of the financial system, in supporting the efficiency and stability of the financial system: -

1. Central Bank

In strengthening your explanation and justifications, do support them with the related and relevant examples and/or financial transactions.