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Qualitative Credit Control Measures
SUBJECT : Economics
PUBLISHED ON : 09/12/13
NUMBER OF PAGES : ( 7 Pages)
PRICE : Rs 5.25

The quantitative credit controls such as the bank rate policy, the open market operation,the variable cash reserve ratio control the total quantity of credit in the economy, and, in the process, affect indiscriminately all the sections of the economy which depend upon credit. Consequently, a contraction of credit hits equally severally all lines of economic activities,desirable and undesirable.

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