Economy, asked by buntybeesa78771, 1 year ago

Explain the various tools of credit control used by rbi to manage the flow of information credit in the economy

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Answered by garvchoudhary

Credit control is an important tool of the monetary policy used by Reserve Bank of India (central bank) to control the demand and supply of money and flow of credit in an economy. RBI keeps control over the credit created by commercial banks.

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