Methods of credit control and combating inflation written by MS Navya Sixth Article Variation of Cash Reserve Ratio vs. Open Market Operations Variation of cash reserves is superior to open market operations in the following respects: (a) The success of open market operations depends upon the existence of a broad and developed capital market and […]
Tag: credit control
146. Methods of Credit Control : MS Navya’s Fourth Article
Methods of credit control and combating inflation written by MS Navya Fourth Article BANK RATE POLICY It is also known as discount rate policy. Bank rate is the rate at which the Central Bank is prepared to rediscount the approved bills or to lend on eligible paper. This weapon can be used independently or along […]