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Explain RBI as a controller of …

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Explain RBI as a controller of Credit

Posted by Prakhar Agarwal 3 years, 1 month ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 3 years, 1 month ago

Credit control is an important tool of the monetary policy used by Reserve Bank of India (central bank) to control the demand and supply of money and flow of credit in an economy. RBI keeps control over the credit created by commercial banks.

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What is deficit ?

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CBSE > Class 12 > Economics

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CBSE > Class 12 > Economics