BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following is not a method of credit control?
|
|
Cash reserve ratio
|
|
|
Open market operations
|
|
|
Credit deposit ratio
|
|
|
Bank rate policy
|
Explanation:
Detailed explanation-1: -Out of the given options, managed floating is not an instrument of credit control.
Detailed explanation-2: -Moral Suasion is not quantitative credit control instrument of credit control. Moral Suasion implies persuasion and request made by the Central Bank to the Commercial Banks to cooperate with the general monetary policy of the former.
Detailed explanation-3: -Cash reserve ratio Was this answer helpful?
Detailed explanation-4: -Answer: ii) Margin requirements.
Detailed explanation-5: -Margin requirements is not a quantitative credit control tool of RBI.
There is 1 question to complete.