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6) What do you understand by a ‘bank run’ or a ‘run on the bank’? How is RBI ensuring financial stability and pre-emption of bank runs? In the light of recent demonetization, critically examine.

Topic: Economic growth and development; Resource mobilization

6) What do you understand by a ‘bank run’  or a ‘run on the bank’? How is RBI ensuring financial stability and pre-emption of bank runs? In the light of recent demonetization, critically examine. (200 Words)

The Hindu