MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Qualitative Instruments

Which one of ...

Question

Which one of the following is not a quantitative credit control measure of the Reserve Bank of India?

A

Bank Rate

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Statutory Cash Reserve Requirement

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Statutory Liquidity Ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Moral Suasion

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B Moral Suasion
Bank rate, Statutory Cash Reserve Requirement, Statutory Liquidity Ratio are the instruments of quantitative credit control. Moral Suasion is not quantitative credit control instrument of credit control. Moral Suasion implies persuasion and request made by the Central Bank to the Commercial Banks to cooperate with the general monetary policy of the former.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Distinguish between:

1. Central Bank and Commercial Bank
2. Quantitative Credit Control Measures and Qualitative Credit Control Measures
3. Bank Rate and Open Market Operations
4. Cash Reserve Ratio and Statutory Liquidity Ratio

Q. Which of the following is not a quantitative credit control measure of a Central Bank?

Q. A Central Bank uses the following methods of credit control:
1. bank Rate Policy
2. Open Market Operations
3. Variable Reserve Ratio
4. Fixation of Margin Requirement
Which of the above methods are included in the category of quantitative methods of credit control ?

Q. State whether the following statements are TRUE or FALSE.

1. Credit rationing is quantitative credit control measure of Central bank.
2. Regulation of Consumer Credit is a quantitative credit control measure of Central Bank.
3. Bank Rate is the selective credit control measure used by the Central Bank of the country.
4. Central Bank also performs commercial banking business.
5. The main objective of a Central Bank is to earn profit.

Q. Which of the following is/are the selective credit control measures of RBI?
1) Cash Reserve Ratio
2) Statutory Liquidity Ratio
3) Margin requirements
4) Moral suasion
Choose the correct answer using the codes given below.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Qualitative Instruments

ECONOMICS

Watch in App

explore_more_icon

Explore more

Qualitative Instruments

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon