Differentiate between quantitative and qualitative instrument of credit control.

(4 marks)

Although the answer provided by Reena is correct, yet the quantum of explanation is deficient with respect to marks. Follow the link given below to find a better explained answer.

  • -2

Quantitative instrunment are the general tools of the monetary policy and they are related to the quantitiy or volume of money /credit

Qualitative instrunment are selective tools of monetary policy and they are used to discriminating between the different uses of money/credit

  • -3
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