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Who is the 'lender of the last resort' in the banking...

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Economics
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Who is the 'lender of the last resort' in the banking structure of India?

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Correct Answer: Option B
Reserve bank of India is the 'lender of the last resort' in the banking structure of India. A lender of last resort is an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.
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