Question

Which is the major objective of credit control ?
(A) To maintain price stability
(B) To stabilizer exchange rate
(C) To promote production and employment
(D) All of the above​

Answer 1

Explanation:

the major objectives of credit control is to stabilize exchange rate in country because if credit is to much so delfaltion is occer.

Answer 2

Objectives of Credit Control

1. Price Stability: Price stability entails avoiding both inflation and deflation over an extended period of time.

2. Economic Stability: Economic stability is generally regarded as a desirable state for a developed economy, and it is frequently promoted by the central bank's policies and activities.

3. Employment Maximization: Unemployment is inefficient on both an economic and social level. As a result, full employment and a high per capita income have been identified as major goals of a country's credit management policy.

Therefore, option (D) is the proper response.