1.

What Are The General Techniques Used By Sccs?

Answer»

The general techniques used by SCCS are:

  • Minimum margin for lending against SECURITY specified commodities is fixed.
  • Ceiling on maximum ADVANCES to individual BORROWER against stock of certain commodities.
  • Minimum DISCRIMINATORY rates of interests prescribed for certain kinds of advances.
  • Prohibition of clean advances for financing hoardings of sensitive commodities.
  • Prohibition of the discounting of bills covering sale of sensitive commodities.

The general techniques used by SCCs are:


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