Question

Qualitative measures to control credit are also called _______________.

• A. General Measures
• B. Selective Methods
• C. Both (a) and (b)
• D. Neither (a) nor (b)

Answer 1

Answer: (B)

Selective Methods

Qualitative measures to control credit are also called selective methods. Qualitative methods of credit control affect specific sectors of the economy. Qualitative instruments of credit control are those instruments that focus on select sectors of the economy. This policy of credit control is also known as policy of selective control.Hence, option B is correct.