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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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