Advertisements
Advertisements
Question
Briefly explain the following credit control method adopted by the Central Bank.
Publicity
Solution
- The 'Central Bank' publishes weekly and monthly reports, review the statement of assets-liabilities and balance sheets for the guidance and reference of commercial banks.
- These publications provide the latest information of the money market, public finance activities, trade and industries.
- From this data, the commercial banks can plan and adjust their credit activities.
APPEARS IN
RELATED QUESTIONS
Explain how credit rationing helps to control credit in an economy.
Which of the following is not a quantitative method of credit control?
Observe the relationship of the first pair of words and complete the second pair.
Quantitative method of credit control by the central bank : Bank rate.
Quantitative method of credit control by the central bank :
Give any two reasons as to why a country needs a central bank.
Define the following term:
Margin Requirements.
Central bank is the lender of the last resort. Explain.
Who controls the credit supply in an economy?
What is this policy called that controls the credit supply in an economy?
What do you mean by credit control?
What is meant by Legal Reserve Ratio?
