Question

HELLO GUYS !

Name any 2 quantitative tools to control credit creation in an economy .....

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Answer 1

Hi buddy

Here is your answer

☑️ Two quantitative tools to control credit creation in an economy are bank rate and repo rate. Explanation: Bank rates are the interest rate at which the Central bank provides loans to the commercial banks without any form of collaterals.☑️

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Answer 2

Explanation:

• bank rate are the interest rate at which the central bank provide loans to the commercial banks without any from of collaterals.

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