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What controls credit policy​

Answer» <html><body><p>control is an important tool of the monetary policy used by <a href="https://interviewquestions.tuteehub.com/tag/reserve-1186088" style="font-weight:bold;" target="_blank" title="Click to know more about RESERVE">RESERVE</a> <a href="https://interviewquestions.tuteehub.com/tag/bank-13461" style="font-weight:bold;" target="_blank" title="Click to know more about BANK">BANK</a> of <a href="https://interviewquestions.tuteehub.com/tag/india-54" style="font-weight:bold;" target="_blank" title="Click to know more about INDIA">INDIA</a> (central bank) to control the demand and supply of money and flow of credit in an economy. RBI keeps control over the credit created by commercial banks.Hope it helped..........Pls <a href="https://interviewquestions.tuteehub.com/tag/mark-555248" style="font-weight:bold;" target="_blank" title="Click to know more about MARK">MARK</a> as brainleist........</p></body></html>


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