Question

need to prepare a project of minimum 25 pages the topic is trends in credit availability in India
can u please help

Answer 1

Answer:

Objectives of Credit Control

• To achieve internal price stability.
• To achieve financial Stability i.e. stability in money market.
• To achieve stability in foreign exchange rate.
• To meet the financial requirement during slump in the economy.
• To maximize income, output and employment in the economy.

Explanation:

Credit control is an important tool used by Reserve Bank of India, a major weapon of the monetary policy used to control the demand and supply of money (liquidity) in the economy. ... Such a method is used by RBI to bring "Economic Development with Stability".