Fill in the central bank
Exercise and reference answers
- Missing parts
- Answer
- 1935
- Choices
- 1935
- 1949
- 1961
- Answer
- last
- Choices
- last
- first
- final
- Complete the statement
- India got its central bank in {0}. Because it stands ready to lend to banks at all times it is called the lender of {1} resort.
- Instructions
- Fill each blank to complete the description of the central bank.
Explanation
_Source: syllabus Macroeconomics XII Ch3 Money and Banking, 3.2 DEMAND FOR MONEY AND SUPPLY OF MONEY_