If all the depositors, one day come to withdraw all the cash, what would be role played by RBI? Option 1: Maintaining Foreign Exchange Reserves Option 2: Lender of last resort Option 3: Maintaining cash reserves Option 4: Currency issue

The answer is 'Lender of last resort'. View full solution:

CUET Economics - If all the depositors, one day come to withdraw all the cash, what would be role played by RBI? | PYQs + Solutions

CUET Economics

Macro

Easy

Maintaining Foreign Exchange Reserves

Lender of last resort

Maintaining cash reserves

Currency issue

✅ Correct Option: 2

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