Advertisement Remove all ads

State Whether the Following Statement is True Or False. Regulation of Consumer Credit is a Quantitative Credit Control Measure of Central Bank. - Economics

MCQ
True or False

State whether the following statement is TRUE or FALSE.

Regulation of Consumer Credit is a quantitative credit control measure of Central Bank. 

Options

  • True

  • False

Advertisement Remove all ads

Solution

Regulation of Consumer Credit is a quantitative credit control measure of Central Bank. - False

Explanation: Regulation of Consumer Credit is a qualitative method and not a quantitative as it regulates the credit extended to the consumers for the purchase of consumer durables. The monthly instalments or down payment amounts are altered in order to liberalise or restrict credit in the hands of a consumer.

Concept: Central Bank Function - Controller of Credit
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 13 Central Banking
Exercise | Q 3.2 | Page 121
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×