Question

Identify the odd one out:

Options

• Accepting deposit

• Lender of last resort

• Publicity

• Moral Suasion

Answer 1

Accepting deposit

Explanation:

Accepting deposit is the primary function of commercial banks that work directly with the general public. In contrast, lenders of last resort, publicity, and moral suasion are specialised regulatory functions and credit control instruments used solely by a country’s central bank to govern the monetary system.