Download App

BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY2 Marks
Question
What is the meaning of ‘ceiling on credit’?
✓

Answer

$RBI$ fixes a limit on the loans and advances that the commercial banks can give to the people. Ceiling on credit is done by $RBI$ to have a check of credit flow in a particular sector or industry.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "2 Marks Each" from BANKING AND MONETARY POLICY→BANKING AND MONETARY POLICY — all question types→Economics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Which are the major reasons for increase in demand?
→
State the characteristics of inflation.
→
Why does a data table and source of data accompany a diagram or graph?
→
Explain ‘transfer’ as a main cause of migration.
→
"Education is the best tool for population control." Explain.
→
Explain any two limitations of per capita income as an indicator.
→
What happens in balance of payments payments?
→
Explain the causes of Rural Poverty in brief.
→
Mention the main factor affecting Balance of Payments.
→
Give an example of frictional unemployment.
→