The correct answer is Hyperbole.
Hyperbole refers to exaggeration of a statement, which should not be taken too seriously, just like in the given statement above, wherein even the stoplights show courtesy to the king's fancy car, it is a form of a hyperbole.
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1.In Pakistan, General Pervez Musharraf led a military coup and overthrew a democratically elected government and declared himself the ‘Chief Executive’ of the country.
2. Later he conducted a referendum which was based on malpractices and fraud. He changed his designation as President in 2002.
3 In August 2002 he issued a ‘Legal Framework Order’ that amended the constitution of Pakistan. According to this Order, the President can dismiss the national or provincial assemblies.
4. The work of the civilian cabinet is supervised by a National Security Council which is dominated by military officers.
5. After passing this law, elected representatives have some powers but the final power rests with military officers and General Musharraf himself. Because of these reasons Pakistan under General Musharraf should not be called a democracy.
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A central bank is a government-run organization that oversees the currency of a nation or a group of nations and regulates the money supply, or the total amount of money in circulation. Price stability is a primary goal for many central banks.
<h3>What is a central bank and what are its duties?</h3>
An independent national body known as a central bank manages monetary policy, oversees bank regulation, and offers financial services, such as economic research. Its objectives are to maintain low unemployment, avoid inflation, and stabilize the national currency.
<h3>Give an illustration of what a central bank is.</h3>
Economic and monetary policy, as well as the stability of the financial system, are under the control of central banks. These organizations determine interest rates and manage the nation's money supply. One of the world's most potent central banks is the U.S. Federal Reserve.
To Know more about central banks.
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