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Quantitative Credit Control Measures
SUBJECT : Economics
PUBLISHED ON : 09/12/13
NUMBER OF PAGES : ( 6 Pages)
PRICE : Rs 4.5

Credit plays a predominant role in the modern economic system. In the present day world, most of the business transactions are carried on through credit. Credit plays the same role as money. Changes in the volume of credit have exactly the same effects on the purchasing power, internal price level and economic activities as changes in the supply of money. Therefore fluctuations in the volume of credit should be controlled in some way or the other.

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