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प्रश्न
Distinguish between 'Qualitative and Quantitative tools' of credit control as may be used by a Central Bank.
अंतर स्पष्ट करें
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उत्तर
| Basis | Quantitative Tools | Qualitative Tools |
| Definition | Quantitative instruments of monetary policy are the measures that affect the overall supply of money/credit in the economy. | Qualitative instruments of monetary policy, as against the quantitative instruments affect the flow and direction of credit to particular sectors in a positive or negative manner. |
| Tools | Bank rate, Open Market Operations, Cash Reserve Ratio, Statutory Liquidity Ratio are the quantitative tools used to control the credit. | Margin Requirements, Moral Suasion, Selective Credit Control, Direct Action, Rationing of Credit are the qualitative tools used to control the credit. |
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