Economics · Economics
What does 'Moral Suasion' refer to in the context of monetary policy?
- 1Direct action against non-compliant banks
- 2Reducing interest rates to boost investment
- 3Persuading banks to follow the central bank's directives✓
- 4Quantitative credit control measures
Correct answer
Persuading banks to follow the central bank's directives
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economics