credit control

The RBI use the following instruments for quantitative control of credit

1. cash requirement ratio2. statutory liquidity ratio3. open market ratio4. margin requirements

• 1&2

• 2&3

• 1,2&3

• All of them

Bank rate is the rate at which the RBI extends credit to the

• foreign countries

• public

• agriculture

• commercial banks

The open market operations refer to the sale and purchase by the RBI of

• foreign exchange

• gold

• government securities

• iron and steel

In order to control RBI should

• increase CRR and decrease Bank rate

• decrease CRR and increase Bank rate

• decrease CRR and decrease Bank rate

• Increase CRR and increase Bank rate

An increase in SLR will

• control the credit creation

• increase the credit creation