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    Question

    Which one is a qualitative credit control tool used by

    RBI?
    A Moral suasion Correct Answer Incorrect Answer
    B Open market operation Correct Answer Incorrect Answer
    C Repo rate Correct Answer Incorrect Answer
    D Cash reserve requirement Correct Answer Incorrect Answer
    E None of the Above Correct Answer Incorrect Answer

    Solution

    Quantitative  or traditional methods of credit control include banks rate policy, open market operations and variable reserve ratio. Qualitative  or selective methods of credit control include regulation of margin requirement, credit rationing, regulation of consumer credit and direct action. 

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