Question

what is meant by qualitative tools of monetary policy​

Answer 1

Qualitative measures of monetary policy includes those instruments which focus on the selected sectors of the economy. It includes.... It is a qualitative method of credit control adopted by the center bank in order to stabilize the economy from inflation or deflation.

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Answer 2

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The Qualitative Instruments are also known as the Selective Tools of monetary policy. These tools are not directed towards the quality of credit or the use of the credit. ... This method can have influence over the lender and borrower of the credit. The Selective Tools of credit control comprises of following instruments.