Economics · Banking
Who acts as the 'Lender of the Last Resort' in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reserve Bank of India (RBI)✓
- 2NABARD
- 3State Bank of India (SBI)
- 4Local money lenders
Correct answer
Reserve Bank of India (RBI)
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