Which of the following is not a general credit control measure?

Question

Accepted Answer

1. Definition of general credit control:

- General credit control measures are instruments that influence the overall supply of credit in the economy and operate uniformly across sectors to change $aggregate\;credit$ and monetary conditions.

2. Definition of selective credit control:

- Selective credit control measures target specific types of credit, particular sectors, commodities, or purposes; they aim to restrict or encourage lending in those targeted areas without changing the total credit volume uniformly.

3. Why option D is not a general measure:

- Regulation of margin requirements on advances against agricultural commodities is directed at lending for a specific purpose (advances against agricultural commodities). This is a targeted, sector-specific instrument and therefore a selective credit control measure rather than a general one.

4. Conclusion:

- Because it is sector-specific and does not uniformly alter $aggregate\;credit$ across the economy, regulation of margin requirements on advances against agricultural commodities is not a general credit control measure.

FINAL_ANSWER: d

Answer

Answer

Answer

Answer