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    Question

    Which organisation is called the Lender of Last Resort

    A RBI Correct Answer Incorrect Answer
    B World Bank Correct Answer Incorrect Answer
    C SBI Correct Answer Incorrect Answer
    D Govt of India Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    A lender of last resort is an institution, usually a country's central bank (RBI in case of India), that offers loans to banks or other eligible institutions that are experiencing financial difficulty.

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