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Answer : 4. "RBI"
Lender of last resort is:
5Q:
Lender of last resort is:
- 1SBIfalse
- 2IDBIfalse
- 3NABARDfalse
- 4RBItrue
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Answer : 4. "RBI"
Explanation :
A lender of last resort is one you go to when you need money urgently and have exhausted all your other options. Banks generally turn to their lender as a last resort when they cannot get the funds they require for their daily business.