Question

Regulation of Consumer Credit is a qualitative credit control measure of Central Bank. (State whether the statement is TRUE or FALSE)

Answer 1

Its true..

Hope it's help..

Answer 2

Answer:

False

Explanation:

Regulation of Consumer Credit is a qualitative credit control measure of Central Bank - False

The Consumer Credit Regulation is a qualitative method and not a quantitative method as it regulates the loan granted to the customers for buying various types of consumer durables. To liberalize or limit credit in the consumer's hands, the monthly instalments or the down payment amounts are also changed.