send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Which bank is referred to as ‘The lender of last resort’?
Central Bank
State Bank
Dena Bank
World Bank
- Option 1: Central Bank
- The Central Bank is often called the "lender of last resort."
- It provides emergency funds to banks facing financial trouble.
- Its goal is to prevent the banking system from collapsing.
- Option 2: State Bank
- State banks are regional or local banks.
- They don't serve the same purpose as the Central Bank.
- Option 3: Dena Bank
- Dena Bank was an Indian bank, now merged into Bank of Baroda.
- It does not act as a lender of last resort.
- Option 4: World Bank
- The World Bank provides financial and technical assistance to developing countries.
- It does not fit the lender of last resort role in the banking context.
Your answer is right.
By: santosh ProfileResourcesReport error
Access to prime resources
New Courses