In India, the central bank’s function as the lender of last resort’ usually refers to which of the following?
1. Lending to trade and industry bodies when they fail to borrow from other sources
2. Providing liquidity to the banks having a temporary crisis
3. Lending to governments to finance budgetary deficits
Select the correct answer using the code given below.
Options
Similar Questions
“Rule of Law Index” is released by which of the following ?
The term ‘West Texas Intermediate’, sometimes found in news, refers to a grade of
Consider the following statements: 1. At the outset, the Samkhya School of Philosophy was spiritualistic,…
Consider the following pairs: Natural fibres used for crafts State 1. Kauna Manipur 2. Korai…
The strategic debate of 1934-37 was regarding as to how to continue with mass movement…