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The RBI’s methods of credit control may be broadly divided into the parts:
Question

The RBI’s methods of credit control may be broadly divided into the parts:

A.

Quantitative and qualitative

B.

Fiscal and monetary

C.

Rural and urban

D.

Open and closed

Correct option is A

The RBI uses quantitative methods (e.g., CRR, SLR) and qualitative methods (e.g., moral suasion) to control credit in the economy.

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