Who is the ‘lender of the last resort’ in the banking structure of India? Options: A . &nbspReserve Bank of India B . &nbspUnion Bank of India C . &nbspExim Bank of India D . &nbspState Bank of India

Who is the ‘lender of the last resort’ in the banking structure of India?

Question

Who is the ‘lender of the last resort’ in the banking structure of India?

Options:

A . Reserve Bank of India

B . Union Bank of India

C . Exim Bank of India

D . State Bank of India

Answer: Option A
Answer: (a)

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