Which of the following is a qualitative credit control measure? MCQ with Answer and Explanation

Which of the following is a qualitative credit control measure?
A. Statutory Liquidity Ratio
B. Margin requirements
C. Cash Reserve Ratio
D. Bank Rate
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.

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Practice More Economy Set 1 Questions

Question #1
The 'UDAY' scheme was launched by the Ministry of:
A. Finance
B. Power
C. Petroleum
D. Rural Development

Correct Answer: Option B


Explanation:
UDAY was launched by the Ministry of Power for DISCOM financial turnaround.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'White Revolution' in India is associated with which brand?
A. NDDB
B. Safal
C. Mother Dairy
D. Amul

Correct Answer: Option D


Explanation:
The White Revolution, or Operation Flood, is associated with Amul and dairy cooperatives.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'World Health Organization' is headquartered in:
A. New York
B. Rome
C. Geneva
D. Paris

Correct Answer: Option C


Explanation:
The World Health Organization is headquartered in Geneva.

This question belongs to: Economy GK Economy Set 1