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Which of the following are the quantative tools which are used by Reserve Bank for credit control– 1. Rationing of credit 2. Selected credit control 3. Consumer credit control 4. Open Market Operations

Which of the following are the quantative tools which are used by Reserve Bank for credit control– 1. Rationing of credit 2. Selected credit control 3. Consumer credit control 4. Open Market Operations Correct Answer 4 only

The Reserve Bank uses two types of instruments-qualitative and quantitative- to control credit. Whereby open market actions are quantitative methods and the remaining three are qualitative methods.

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