Multiple choice

Which of the following is not a qualitative measures adopted by RBI for effecting credit control?

(a) Stipulation of margins – borrowers stake (b) Consumer credit regulation (c) Rationing of credit (d) RBI ignores the non-fulfilment of conditions and requirements on the part of commercial banks

  1. (a)

  2. (b)

  3. (c)

  4. (d)

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

RBI takes action against the banks that found violate the conditions and requirement by charging penal rate of interest over and above the bank rate.