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Which of the following is not the method of credit control?
Repo Rate
Reverse Repo Rate
CRR
Managed floating
- Repo Rate: This is a method used by central banks to control money supply. By altering the repo rate, central banks influence the cost of borrowing and lending in the economy.
- Reverse Repo Rate: This is another tool for credit control, where banks deposit excess funds with the central bank, which helps in controlling liquidity and money supply.
- CRR (Cash Reserve Ratio): Banks are required to hold a certain percentage of their deposits as reserves with the central bank, helping regulate money flow.
- Managed Floating: This is about exchange rate management, where monetary authorities intervene in the foreign exchange market to stabilize or alter the exchange rate. It's not primarily a method of credit control.
By: santosh ProfileResourcesReport error
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