Login

Login
Register

Questions
Unanswered
Tags
Categories
Ask a Question

RBI is the lender of last resort for —————.

+1 vote

asked Mar 5, 2019 in Class 12 by kratos

RBI is the lender of last resort for —————.

a. Central Government

b. State Governments

c. Stock markets

d. Commercial Banks

indian banking
cbse
financial system
money and banking
class-12
banking awareness

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

+4 votes

answered Feb 2, 2020 by kratos

Best answer

RBI is the lender of last resort for Commercial Banks.

Please log in or register to add a comment.

Related questions

In which circumstances compulsory dissolution is happen?
A, B and C’s profit sharing ratio is 1 : 2 : 2. Before debiting realization loss partners capital account balance are Rs 3,000 (Dr.),
”There is a difference between dissolution of partnership and partnership firm.” Explain this statement.
Explain Garner V/S Murray rule.
At the time of dissolution of the firm, partners capital Rs 20,000, liabilities Rs 15,000 and cash balance

Snow Theme by Q2A Market

Powered by Question2Answer

Copyright © QinStar.in

...