Economics · Monetary Policy
Bank Rate is categorized under which type of credit control weapon used by the Central Bank?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Moral Suasion tool
- 2Selective credit control tool
- 3Quantitative credit control tool✓
- 4Qualitative credit control tool
Correct answer
Quantitative credit control tool
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