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Discussion :: Banking Awareness

  1. RBI known as lender of last resort because:

  2. A.

     It has to meet the credit need of citizens to whom no one else is willing to lend

    B.

     Banks lend to go to RBI as a last resort

    C.

     It comes to help banks in times of crisis

    D.

     None of these

    View Answer

    Workspace

    Answer : Option C

    Explanation :

    Explanation Not Provided


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