Q. Which one of the following is not a quantitative credit control measure of the central bank?
Answer: Moral Suasion
Notes: The central bank uses quantitative control to regulate the amount of total credit. The quantitative methods are: (i) bank rate manipulation; (ii) open market operations; (iii) manipulation of cash reserve ratio; (iv) repo and reverse repo; and (v) change in the Statutory Liquidity Ratio. Moral persuasion and direct action is a qualitative methods.