Question

what is selective credit control¿​

Answer 1

Answer:

hy

Explanation:

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Selective credit control is a tool in the hands of Reserve Bank of India to restrict bank finance against sensitive commodities. These sensitive commodities generally include: ... (i) Minimum margin for lending against security of specified commodities is fixed. (ii) Ceiling on the level of credit

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Answer 2

Answer:

selective credit control is a tool of the The reserve Bank of India to restrict financed against sensitive commodities