GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An instrument of qualitative credit control in India is?
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Credit rationing
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Bank rate policy
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Change in reverse ratio
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Open market operations
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Explanation:
Detailed explanation-1: -Question: The RBI uses the following instruments for qualitative control of credit: cash requirement ratio. statutory liquidity ratio. open market ratio.
Detailed explanation-2: -Moral Suasion is not quantitative credit control instrument of credit control.
Detailed explanation-3: -Rationing of credit is a method by which the Central Bank seeks to limit the maximum amount of loans and advances and, also in certain cases, fix ceiling for specific categories of loans and advances.
There is 1 question to complete.