The bank which acts as the lender of last resort is the
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Correct Answer: Option A
Explanation:
The central bank performs the following functions:
- act as lender as last resort
- Facilitates international trade
- Act as bankers bank
- Issue out country's currency
The central bank performs the following functions:
- act as lender as last resort
- Facilitates international trade
- Act as bankers bank
- Issue out country's currency