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Byju's Answer
Standard XII
Economics
Functions of Money
Which one of ...
Question

Which one of the following is a qualitative credit control method?

A
Open market operations
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B
Bank-rate
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C
Variable cash reserve ration
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D
Moral suasion
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Solution

The correct option is D Moral suasion
Moral Suasion refers to a request by the RBI to the commercial banks to take certain measures as per the trend of the economy. It is qualitative tool used by RBI in credit control.
Open Market Operations, Bank rate and Variable reserve ratio are all quantitative measures of credit control used by R.B.I.

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