Quantitative measure for credit control by the RBI includes:
A)Discriminatory Interest Rate
B)Ceiling on Credit
C)Cash Reserve Ratio
D)Directives

Question

Quizplus · Accepted Answer

Cash Reserve Ratio (CRR) is a quantitative tool used by the Reserve Bank of India (RBI) to control the amount of liquidity in the banking system. By adjusting the CRR, the RBI can influence the amount of funds banks have available to lend, thereby controlling credit expansion.

Quantitative Measure for Credit Control by the RBI Includes