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______ is also called as the Lender of Last Resort. - Economics

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Question

______ is also called as the Lender of Last Resort.

Options

  • Commercial bank

  • Central bank

  • Canara bank

  • Federal bank

MCQ
Fill in the Blanks

Solution

Central bank is also called as the Lender of Last Resort.

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Chapter 8: Central Bank - Exercise [Page 157]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 8 Central Bank
Exercise | Q 21. | Page 157
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