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प्रश्न
Statement 1: The Bank Rate policy of the central bank is a traditional method of credit control.
Statement 2: The method used by the central bank to influence the total volume in the banking system is a quantitative method of credit control.
पर्याय
Statement 1 is true and Statement 2 is false.
Statement 1 is false and Statement 2 is true.
Both Statements 1 and 2 are true.
Both Statements 1 and 2 are false.
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उत्तर
Both Statements 1 and 2 are true.
Explanation:
Both statements relate to monetary policy tools utilized by central banks to control and regulate the money supply and credit conditions in the economy.
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संबंधित प्रश्न
When State Bank of India is under financial crisis and borrows money from Central Bank at a certain rate against approved securities, it will be called as ______.
Ms. Sakshi, who teaches economics, discussed the "minimum percentage of total deposits that commercial banks must maintain with the Central Bank according to current regulations. Select the correct term that defines this concept from the following choices.
The bank rate refers to ______.
If the RBI increases the repo rate, which of the following is the most likely immediate effect on the economy?
What is the main purpose of the reverse repo rate in monetary policy?
Which of the following best describes the role of the Monetary Policy Committee?
Which statement about CRR and SLR is most appropriate in the context of credit control?
