ICSE Class 10 Answered
Mention
any two ways the deflation can change by qualitative methods of credit
control.
Asked by Topperlearning User | 21 Apr, 2015, 10:31: AM
Expert Answer
To control the deflation, the central bank follows the following two qualitative credit control measures:
- Reduction of margin money requirements is a measure which induces borrowers to avail more loans from the commercial banks.
- Relaxation in credit authorisation is a measure where the central bank can reduce the ceiling on the amount of credit to be disbursed by the commercial bank for certain purposes.
Answered by | 21 Apr, 2015, 12:31: PM
ICSE 10 - Economics
Asked by manishaghosh026 | 13 May, 2022, 02:54: AM
ANSWERED BY EXPERT