Q. Which institution in India acts as 'lender of the last resort'?
A) Reserve Bank of India
B) Finance Ministry
C) Currency Printing Presses
D) Treasury
✔ Correct Answer: Reserve Bank of India
Exam Insight
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A) Reserve Bank of India
B) Finance Ministry
C) Currency Printing Presses
D) Treasury
✔ Correct Answer: Reserve Bank of India
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