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Differentiate between quantitative and qualitative methods of credit control. - Economics

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प्रश्न

Differentiate between quantitative and qualitative methods of credit control.

Distinguish between qualitative and quantitative measures of credit control policy of a central bank.

Distinguish between quantitative and qualitative credit control instruments of the central bank.

State any two differences between quantitative and qualitative credit control policies.

अंतर स्पष्ट करें
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उत्तर

S. No. Basis Quantitative Methods Qualitative Methods
1. Nature These methods influence the total volume of credit. These methods influence the selective or particular use of credit.
2. Effect These methods affect the lenders. These methods affect both the lenders and the borrowers.
3. Nature These methods are non-discriminatory in nature. These are discriminatory in nature.
4. Direct/Indirect These are indirect and impersonal. These are direct.
5. Alternative name These methods are also called general methods of credit control. These are also called selective methods of credit control.
6. Methods

These methods include:

  1. Bank Rate
    Open Market Operations
    Legal Reserve Requirements
    • Cash Reserve Ratio
    • Statutory Liquidity Ratio

These methods include:

  1. Consumer’s Credit
  2. Margin Requirements
  3. Rationing of Credit
  4. Moral Suasion
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Notes

Students should refer to the answer according to their questions.

Monetary Policy of the Central Bank
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संबंधित प्रश्न

Which of the following is a selective/qualitative method of credit control.


The rate of which commercial banks borrow from the Central Bank is the:


Explain how credit rationing helps to control credit in an economy.


______ is a quantitative method of credit control.


Which of the following is not a quantitative method of credit control?


Bank rate is the rate at which:


The process of buying and selling of securities by the central bank of a country is known as ______.


Match the following and select the correct option:

  Column A   Column B
(i) A rate of interest at which the central bank (RBI) lends money to member commercial banks to meet they long term needs. A. Cash Reserve Ratio
(ii) A rate of interest at which RBI lends money to commercial banks to meet their short term needs. B. Statutory liquidity ratio
(iii) A minimum percentage of total deposits kept by banks with the Central Bank. C. Repo rate
(iv) A minimum percentage of total deposits to be kept by banks inform of liquid assets with themselves.  D. Bank rate

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Increase in cash reserve ratio adversely affects the capacity of commercial banks to create credit.

Reason (R): An increase in cash reserve ratio reduces the excess reserves of commercial banks and hence limits their credit creating power.


Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: 

Assertion (A): Bank rate is a quantitative instrument of monetary policy.

Reason (R): During inflation, RBI reduces the bank rate.


What is meant by open market operations?


Briefly explain the following credit control methods adopted by the Central Bank.

Moral persuasion 


Which of the following statements are correct and which are incorrect? Give reasons.

  1. Central bank is a currency authority.
  2. Bank rate is a qualitative method of credit control.
  3. Quantitative methods regulate direction of credit.
  4. Bank rate is the rate at which commercial banks give loans to the public.
  5. Central bank should sell government securities when credit is to be expanded.

What do you mean by credit control?


Which are qualitative methods of credit control?


Define moral persuasion.


Describe two quantitative credit control measures of the Central Bank.


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