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Cambridge IGCSE Economics

3.1.2Banking

Banking in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 3.1.2Explain the role and importance of central banks and commercial banks.

Lessons

  • Commercial banks, other financial institutions and the central bank

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Banking: sample question

1 mark

The government's accounts are held, and its payments made, by the central bank. This is the central bank's role as

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