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What is meant by moral sausion?

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What is meant by moral sausion?

Posted by Praharshith Maurya 6 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Nitin Nainani 6 years, 10 months ago

When central bank applies pressure and persuasion on commercial banks to act in accordance to cental bank's policy.

Savita Sahu 6 years, 10 months ago

When the central bank just requests to commercial bank to increase or decrease its credit creation when there is huge fluctuation in the economy i.e inflation or deflation

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