21 Views

Question : Which one of the following is not an instrument of credit control in India?

Option 1: Rationing of credit

Option 2: Direct action

Option 3: Open market operations

Option 4: Variable cost reserve ratios


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: Variable cost reserve ratios


Solution : The correct option is Variable cost reserve ratios.

The objective of the variable reserve ratio (Cash Reserve Ratio), which is a quantitative technique, is to manage just the volume of credit, not the volume and purpose of the credit for which the bank makes loans. For these goals, both the qualitative approach and the selective control method are utilised. It has several drawbacks.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

UPES | BBA Admissions 2026
Apply
#36 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
UPES Dehradun BA Admissions 2026
Apply
Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed, 91% Placement, 800+ Recruiters
Symbiosis School for Liberal ...
Apply
India’s first liberal arts college to offer a four-year full time Bachelor of Arts and Bachelor of Science (Liberal Arts) Honours degree
UPES Dehradun | B.Com Admissi...
Apply
Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 800+ Recruiters
ICFAI Hyderabad BA Admissions...
Apply
Merit Scholarships | NAAC A+ Accredited | Top Recruiters: Nvidia, CISCO, Genpact, Amazon & many more
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books