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Banking Awareness · Q396

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 396

Q396

RBI is lender of last resort which reveals

A.
RBI advances money to public whenever there is any emergency
B.
Commercial banks give fund to the RBI
C.
RBI advances necessary credit against eligible securities to financial institutions
Answer
D.
All of the above

Answer: Option C

Solution

Answer: Option C
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