The process by which RBI or any Central bank protects the economy against adverse economic shocks is known as :a) protectionb) liberalizationc) stabilizationd) sterilization

The process by which RBI or any Central bank protects the economy against
adverse economic shocks is known as :
a) protection
b) liberalization
c) stabilization
d) sterilization
by

1 Answer

Answer :

d) sterilization
by

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A seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as– (1) defence (2)betting (3) inter-trading (4) mortgage

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Government takes 'ways and means advances' from - (1) RBI (2) IDBI (3) SBI (4) ICICI

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