Economy, asked by satwikmohanty1795, 1 year ago

Explain various techniques of credit control used by the central bank of india

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Answered by kittu5797
2
The following points highlight the two categories of methods of credit control by central bank.

The two categories are: I. Quantitative or General Methods II. Qualitative or Selective Methods.



Category # I. Quantitative or General Methods:

1. Bank Rate Policy:

The bank rate is the rate at which the Central Bank of a country is prepared to re-discount the first class securities.

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