Business Studies, asked by rijeeshvaliyil2959, 8 months ago

Which institution in India acts as 'lender of the last resort'?
A) Finance Ministry B) Reserve Bank of India C) Treasury D) Currency Printing Presses

Answers

Answered by tapatidolai

3

Answer:

Reserve Bank of India.

Explanation:

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Answered by mohini1820

1

Answer:

Reserve Bank of India

Explanation:

Lender of Last Resort

As a Banker to Banks, the Reserve Bank also acts as the 'lender of the last resort'.

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