Question : Which of the following is also known as the 'lender of the last resort'?
Option 1: SEBI
Option 2: RRBs
Option 3: RBI
Option 4: SBI
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Correct Answer: RBI
Solution : The correct option is RBI.
The institution known as the lender of the last resort is the Reserve Bank of India (RBI). The RBI is responsible for regulating and supervising the country's financial system, including banks and financial institutions. It plays a crucial role in providing liquidity support to banks and the financial system in times of financial stress or crisis. This function helps maintain stability in the Indian financial system and prevents widespread financial panic.
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Question : Which institution is known as the 'Soft Loan Window' of the World Bank?
Option 1: IDBI
Option 2: IDA
Option 3: IMF
Option 4: RBI
Question : Who is the regulator of Micro Finance Institutions in India?
Option 2: RBI
Option 3: NABARD
Question : Which of the following controls the insurance business of India?
Option 1: RBI
Option 2: IDBI
Option 3: SEBI
Option 4: IRDAI
Question : Which of the following amendments is also known as the 'Mini Constitution' of India?
Option 1: 7th Amendment
Option 2: 42nd Amendment
Option 3: 44th Amendment
Option 4: 74th Amendment
Question : Which of the following sponsors Regional Rural Banks (RRBs)?
Option 2: Foreign banks
Option 3: National commercial banks
Option 4: Co-operative banks
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