RBI known as lender of last resort because: Options: A . &nbspIt has to meet the credit need of citizens to whom no one else is willing to lend B . &nbspBanks lend to go to RBI as a last resort C . &nbspIt comes to help banks in times of crisis D . &nbspNone of these

RBI known as lender of last resort because:

Question

RBI known as lender of last resort because:

Options:

A . It has to meet the credit need of citizens to whom no one else is willing to lend

B . Banks lend to go to RBI as a last resort

C . It comes to help banks in times of crisis

D . None of these

Answer: Option C

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