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

A State bank of India
B Reserve bank of India
C EXIM bank of India
D Union bank of India

Correct Answer: Reserve bank of India

Reserve bank of India is the 'lender of the last resort' in the banking structure of India. A lender of last resort is an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.
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Related Questions

Defining green banking is relatively easy. It means promoting environment -friendly practices and reducing your carbon footprint from your banking activities. This comes in many forms : using online banking instead of branch banking; paying bills online, opening up CDs (certificates of deposit) and money market accounts at online banks instead of large multi-branch banks. A green bank takes the biggest steps to support local green initiatives. Any combination of the above personal banking practices can help the environment. In this respect, online banks and smaller community banks have better track records than larger banks .However, these larger banks may be induced to go green . According to the passage, larger, multi -branch banks .
A can never become green banks .
B can become green banks if they reduce the number of branches and eliminate the use of paper .
C can become green banks if they can greatly reduce or eliminate carbon footprint form their banking activities.
D can become green banks if they support local green initiatives
Which institution in India acts as 'lender of the last resort'?
A Finance Ministry
B Reserve Bank of India
C Treasury
D Currency Printing Presses
'Lender of the last resort' বলা হয় কাকে?
A সোনালী ব্যাংক
B বিশ্ব ব্যাংক
C বাংলাদেশ ব্যাংক
D এশিয়ান উন্নয়ন ব্যাংক (ADB)
An interest rate which is paid by money borrower and charged by lender is considered as
A annual rate
B periodic rate
C perpetuity rate of return
D annuity rate of return
The resort is ____ a big influx of foreign tourists this year .
A making
B taking
C putting
D finding
The votes never thought that the candidate would resort to_____ to win: he seemed to be _____ man.
A Charm-an amazing
B Bombast-a pompous
C Innuedo - a devious
D Subterfuge -an honest
Choose the synonym of the following words : Resort
A efficiency
B defects
C remedy
D disadvantages
When they heard news of the hurricane, Maya and Julian decided to change their vacation plans. Instead of traveling to the island beach resort, they booked a room at a fancy new spa in the mountains. Their plans were a bit more expensive, but they'd heard wonderful things about the spa and they were relieved to find availability on such short notice.
A Maya and Julian take beach vacations every year.
B The spa is overpriced.
C It is usually necessary to book at least six months in advance at the spa.
D Maya and Julian decided to change their vacation plans because of the hurricane.
When the demand of consumers is not met by a power plant, it will resort to which of the following ?
A Load shedding
B Power factor improvement at the , generators
C Penalising high load consumers by increasing the charges for electricity
D Efficient plant operation
Which of the following methods does a firm resort to avoid dividend payments?
A Share splitting
B Declaring bonus shares
C Rights issue
D New issue

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