Which of the following is not a function of the Central Bank ? Option 1: Bank rate Option 2: Open market operation Option 3: Lender of last resort Option 4: Deficit financing

The answer is 'Deficit financing'. View full solution:

CUET Economics - Which of the following is not a function of the Central Bank ? | PYQs + Solutions

CUET Economics

Macro

Easy

Bank rate

Open market operation

Lender of last resort

Deficit financing

✅ Correct Option: 4

Related questions:

CUET Economics 2023 Slot 2

As a bankers' bank, what is the role played by RBI?

A. Custodian of cash reserves

B. Maintain Foreign Exchange Reserves

C. Currency Issue

D. Lender of last resort

E. Clearing house

Choose the correct answer from the options given below:

22 May Shift 1

The RBI can influence money supply by changing the rate at which it gives long-term loans to commercial banks. This rate is called the...

30 May Shift 2

Which statement is not true for M3 as a measure of money supply.