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The central bank controls credit _____ . - Economic Applications

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Question

The central bank controls credit _____ .

Options

  • Through quantitative methods only.

  • Through qualitative methods only.

  • Both through quantitative methods and through qualitative methods.

  • Neither through quantitative methods nor through qualitative methods.

MCQ
Fill in the Blanks
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Solution

Both through quantitative methods and through qualitative methods 

Explanation:

The central bank uses a combination of both methods to effectively control credit in the economy. 

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Monetary Policy of the Central Bank
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Chapter 9: Central Banks - QUESTIONS [Page 212]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 9 Central Banks
QUESTIONS | Q 6. | Page 212
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 8 Central Bank
Exercise | Q 6. | Page 156

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