1
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66

In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following?

1. Lending to trade and industry bodies when they fail to borrow from other sources

2. Providing liquidity to the banks having a temporary crisis

3. Lending to governments to finance budgetary deficits

Select the correct answer using the code given below.

A
1 and 2
B
2 only
C
2 and 3
D
3 only
2
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
The money multiplier in an economy increases with which one of the following?
A
Increase in the Cash Reserve Ratio in the banks
B
Increase in the Statutory Liquidity Ratio in the banks
C
Increase in the banking habit of the people
D
Increase in the population of the country
UPSC Civil Service Subjects
History of India
Science and Technology
Geography
Ecology and Environment
Indian Polity and Governance
Economy
Current Affairs
Comprehension
Basic Numeracy
Logical Reasoning and General Mental Ability
Data Interpretation and Sufficiency