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.
https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/economics/introductory-macroeconomics/money-and-banking/page46-exercise-qno12/341_1988_12869/what-arethe-instruments-of-monetary-policy-of-rbi-how
https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/economics/introductory-macroeconomics/money-and-banking/page46-exercise-qno12/341_1988_12869/what-arethe-instruments-of-monetary-policy-of-rbi-how