Question

Observe the image and identify the function of Central Bank.

पर्याय

• Custodian of Foreign Exchange

• The Clearing House Function

• Lender of the Last Resort

• Monopoly of Note Issue

Answer 1

Lender of the Last Resort

Explanation:

The image shows the central bank stepping in during a financial crisis to supply emergency liquidity and support failing banks, stabilising the banking system; therefore, it is a classic lender-of-last-resort function.