what is selective credit control??
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Heya.....
Ques... What is selective credit control ??
Ans .... It refers to discriminate policy of Central Bank related to selective sectors of economy...
Flow of money in certain sectors may encouraged with a production increasing...
This is a positive measure of credit control ...
By this in case of inflation govt restrict some major sectors to reduce money flow and in deflation loan % is increased in some particular sector to increase the money supply...
Ques... What is selective credit control ??
Ans .... It refers to discriminate policy of Central Bank related to selective sectors of economy...
Flow of money in certain sectors may encouraged with a production increasing...
This is a positive measure of credit control ...
By this in case of inflation govt restrict some major sectors to reduce money flow and in deflation loan % is increased in some particular sector to increase the money supply...
Answered by
0
Hey mate......
here's Ur answer......
Selective credit control refers to the policy of Central Bank related to other sectors of economy.
It is also a positive selective credit control...
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Hope it Helps
here's Ur answer......
Selective credit control refers to the policy of Central Bank related to other sectors of economy.
It is also a positive selective credit control...
❣❣❣❣❣❣❣❣❣❣❣
Hope it Helps
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