Prelims 2021 • Paper 1 (GS) • Q.15

Prelims 2021Paper 1 (GS) • Q.15
PrelimsPaper 1 (GS)2021 • Q.15
Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment

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
2021 PrelimsPaper 1 (GS)

Syllabus Connection

Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. (GS-III)

NCERT Connection

Ch.3: Money and Banking

Economics • Class 12Class 12 Macroeconomics

Related PYQs in Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment