Other objectives of credit control of central bank
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The central bank, by regulating the supply of credit in accordance with the commercial needs of the people, can bring about price stability in the country. The objective of the credit control policy of the central bank should be to eliminate cyclical fluctuations and ensure economic stability in the economy
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- internal price stability
- economic stability
- full employment
- stability in money market
- stability of foreign exchange rates
- international economic equilibrium
- economic growth
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