BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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bank rate policy
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open market policy
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Cash deposit ratio
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Publicity
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Detailed explanation-1: -Bank rate, Statutory Cash Reserve Requirement, Statutory Liquidity Ratio are the instruments of quantitative credit control. Moral Suasion is not quantitative credit control instrument of credit control.
Detailed explanation-2: -The correct answer is ‘A’-Bank Rate. The important quantitative methods of credit control is (a) bank rate. The methods used by the central bank to regulate the flows of credit into particular directions of the economy are called qualitative or selective methods of credit control.
Detailed explanation-3: -Margin requirements is not a quantitative credit control tool of RBI.
Detailed explanation-4: -Moral suasion is a qualitative method, and other options are quantitative methods of monetary policy.