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What is rationing of credit? - Economics

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What is rationing of credit?

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उत्तर

This is the oldest method of credit control. The rationing of credit as an instrument of credit control was first used by the Bank of England by the end of the 18th Century. It aims to control and regulate the purposes for which credit is granted by commercial banks. It is generally of two types.

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अध्याय 6: Banking - Model Questions [पृष्ठ १२३]

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सामाचीर कलवी Economics [English] Class 12 TN Board
अध्याय 6 Banking
Model Questions | Q 26. | पृष्ठ १२३
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