Economics · Banking System
Which institution is known as the 'Lender of Last Resort' in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1SIDBI
- 2NABARD
- 3Reserve Bank of India (RBI)✓
- 4State Bank of India (SBI)
Correct answer
Reserve Bank of India (RBI)
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