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RBI is often referred to as the “lender of last resort.” What does this mean?
Business Studies
Business Regulators and Intermediaries
Question
Updated
19 Aug 2026
RBI is often referred to as the “lender of last resort.” What does this mean?
A
Choose Your Answer
A
RBI only lends to the wealthy
B
RBI lends to the government but not to banks
C
RBI provides a source of liquidity when other sources fail
D
RBI only lends to foreign banks
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