Question : Which of the following is a qualitative measure of credit control used by the Reserve Bank of India?
A) CRR
B) Moral Suasion
C) SLR
Option 1: Only A
Option 2: Only B
Option 3: Both B and C
Option 4: Only C
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: Only B
Solution : The correct answer is Only B .
The Reserve Bank of India uses a tactic known as "moral suasion" to persuade commercial banks to take particular actions in line with the economy. The percentage of a bank's total deposits that it must keep as liquid cash with the RBI and SLR is known as the cash reserve ratio, or CRR. A bank holds a minimum percentage of its total deposits in the form of gold or other securities, known as the statutory liquidity ratio.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
