Which of the following is a qualitative credit control measure?
A. Cash Reserve Ratio
B. Margin requirements
C. Bank Rate
D. Statutory Liquidity Ratio
Answer: Option B
Solution (By JKSSB Mock Tests)
Margin requirements (prescribing the difference between loan amount and value of security) is a selective/qualitative credit control measure used by RBI.
Explanation:
Tax salience measures how visible or noticeable a tax is to the agents who pay it; less salient taxes tend to produce smaller behavioural responses than more salient ones of equal magnitude.
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