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Discussion :: Banking Awareness

  1. RBI is lender of last resort which reveals

    2. A.

     RBI advances money to public whenever there is any emergency
    B.

     Commercial banks give fund to the RBI
    C.

     RBI advances necessary credit against eligible securities to financial institutions
    D.

     All of the above

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    Answer : Option C

    Explanation :

    Explanation Not Provided

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