Question : _____________________ refers to a method in which the central bank gives direction to other banks to give or not to give credit for certain purpose to particular sectors.

Option 1: Selective credit controls

Option 2: Open market operations

Option 3: Bank rate

Option 4: Repo rate

Question

Question : _____________________ refers to a method in which the central bank gives direction to other banks to give or not to give credit for certain purpose to particular sectors.

Option 1: Selective credit controls

Option 2: Open market operations

Option 3: Bank rate

Option 4: Repo rate

Team Careers360 · Accepted Answer

Correct Answer: Selective credit controls

Solution : Selective credit control refers to a method in which the central bank gives direction to other banks to give or not to give credit for certain purpose to particular sectors.
Hence, Option A is correct.

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Question : _____________________ refers to a method in which the central bank gives direction to other banks to give or not to give credit for certain purpose to particular sectors. Option 1: Selective credit controls Option 2: Open market operations Option 3: Bank rate Option 4: Repo rate

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Question : _____________________ refers to a method in which the central bank gives direction to other banks to give or not to give credit for certain purpose to particular sectors.

Option 1: Selective credit controls

Option 2: Open market operations

Option 3: Bank rate

Option 4: Repo rate