Advertisements
Advertisements
Question
What is rationing of credit?
Solution
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.
APPEARS IN
RELATED QUESTIONS
Central bank is the ______ authority of any country.
Who will act as the banker to the Government of India?
Lender of the last resort is one of the functions of.
Repo Rate means.
Moral suasion refers.
Define Central bank.
Distinguish between CRR and SLR.
Write the meaning of Open market operations.
Manson the functions of the agriculture credit department.
Bring out the methods of credit control.
Describe the functions of the Reserve Bank of India.
