BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not a tools of credit control?
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CRR
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SLR
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Moral suasions
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Managed floting
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Explanation:
Detailed explanation-1: -Out of the given options, managed floating is not an instrument of credit control.
Detailed explanation-2: -The different instruments of credit control used by the Reserve Bank of India are Statutory Liquidity Ratio (SLR), Cash Reserve Ratio (CRR), the Bank Rate Policy, Selective Credit Control (SCC), Open Market Operations (OMOs).
Detailed explanation-3: -Margin requirements is not a quantitative credit control tool of RBI.
Detailed explanation-4: -The instruments of Credit Control are Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), Bank Rate, Selective Credit Control (SCC), and Open Market Operations (OMOs).
There is 1 question to complete.