Difference between Central bank, commercial bank and development bank

Q1) Difference between Central Bank and Commercial Bank:

Difference between Central Bank and Commercial Bank
S.No	Central Bank	Commercial Bank
Function	It is the banker of government and other banks.	Its main function is to provide banking services to individual and other business organizations.
Directions	It gives directions to other banks and financial institutions periodically.	It follow the directions issued by central bank.
Service	It provides agency services to government in issuance of government securities.	It provides agency services to individual and business.
Act	It is established under Nepal Rastrya Bank Act.	It is established under Commercial Bank Act.
Ownership	It is owned by the govenrment.	It is owned either by the government or by private sector.
Credit	It controls credit.	It creates credit.

Q2) Difference between Commercial Bank and Development Bank.

Difference between Commercial Bank and Development Bank
Basis of Difference	Commercial Bank	Development Bank
Objective	Its main objective is to render general banking functions.	It is established to contribute the funding need of specific sectors of the economy.
Function	It generally provides short-term and medium-term loans.	It provides loan for long-term developmental projects.
Category	It is categorized as class 'A' financial institution.	It is classified as class 'B' financial institution.