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Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

RBI is known as lender of last resort because

A It has to meet the credit need of citizen to whom no one else willing to lend
B Bank lend to go to RBI as a last resort
C It comes to help banks in times of crisis
D All of the above

Answer & Explanation

Answer: [It comes to help banks in times of crisis]

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