…………………….. is the quantitative tool of credit control.
(a) Moral Suasion (b) Credit Rationing (c) Fixing Margin Requirement (d) Statutory
Liquidity Ra
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Answer:
d
Explanation:
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The Statutory Liquid Ratio is the quantitative tool for credit control.
- The Statutory Liquid Ratio Is the minimum amount of deposits ratio that commercial banks have to main in liquid forms such as cash gold or the equivalents with the central bank.
- It is the minimum ratio that the commercial banks have to keep before they give credit to the customers.
The answer is (d) Statutory Liquid Ratio.
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