The credit control operation in India is performed by
Options:
A . Commercial banks
B . Rural banks
C . Reserve Bank of India
D . State Bank of India
Answer: Option C Answer: (c) Credit control is the most important function of the Reserve Bank of India. By using credit control methods RBI tries to maintain monetary stability. There are two types of methods: Quantitative control to regulate the volume of total credit; and Qualitative Control to regulate the flow of credit.
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