Ayushi posted an Question
September 09, 2020 • 16:48 pm 30 points
  • UGC NET
  • Economics

Which of the following is not a selective method of credit control? 1. open market operation 2. rationing of credit 3. moral pursuation 4. direct action

Which of the following is not a selective method of credit control? 1. Open market operation 2. Rationing of credit 3. Moral pursuation 4. Direct action

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    Nidhi taparia Best Answer

    Out of these, Open Market Operations (OMO) or the sale and purchase of government securities by the central bank is not a selective or qualitative method of credit control. It is a quantitative method.

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