The Reserve Bank of India works as a lender of the last resort (LOLR). Which among the following is the correct statement in this context?
[A] RBI meets all the demands of the commercial banks in times of difficulties
[B] RBI meets all the reasonable demands of the commercial banks in times of difficulties
[C] RBI is the last lender to the Government at the centre and the states
[D] RBI grants loans to the banks and also the Governments in states

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