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What does the term "Lender of Last Resort" refer to in the context of a central bank?a) Accepting public depositsb) Issuing currency notesc) Providing loans to the governmentd) Offering financial assistance to commercial banks in distressCorrect answer is option 'D'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about What does the term "Lender of Last Resort" refer to in the context of a central bank?a) Accepting public depositsb) Issuing currency notesc) Providing loans to the governmentd) Offering financial assistance to commercial banks in distressCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the term "Lender of Last Resort" refer to in the context of a central bank?a) Accepting public depositsb) Issuing currency notesc) Providing loans to the governmentd) Offering financial assistance to commercial banks in distressCorrect answer is option 'D'. Can you explain this answer?.

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