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

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Questions

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

Which of the following is a selective method of credit control?

Options

  • Bank Rate

  • Cash Credit Ratio

  • Open Market Operations

  • Moral suasion

MCQ
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Solution

Moral suasion

Explanation:

The Central Bank employs a qualitative form of credit regulation known as moral suasion. It refers to the counsel, suggestions, and persuasion that the Central Bank uses to persuade member banks to obey its, directives to restrict credit supply. The RBI is making a moral appeal to commercial banks, encouraging them to refrain from certain types of loan operations.

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Monetary Policy of the Central Bank
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Chapter 9: Central Banks - QUESTIONS [Page 232]
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