Multiple choice

Which of the following is not a quantitative measure of credit control?

  1. Bank rate policy

  2. Open market operation

  3. Consumer credit regulation

  4. Variable reserve requirement

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

Quantitative measures affect the overall volume of credit (bank rate, OMO, reserve ratios). Consumer credit regulation is a qualitative control because it targets specific types of credit usage (e.g., regulating terms for consumer durables) rather than the total money supply. Qualitative controls direct credit flow to particular sectors.

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