Write short note about Lender of Last Resort.

Kapil
Latest Answer: 1 month ago
In: Commerce

Write short note about Lender of Last Resort.

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1 Answers

Answered By Debita Singh
Answer: 1 month ago

Lender of the last resort: The Central Bank is the Lender of the last resort of the commercial banks. When the other banks shortage of funds, then they can approach to the Central Bank for finan... Read More

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