Which one of the following is not a quantitative credit

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Which one of the following is not a quantitative credit control measure of a Central Bank ?

1. Bank Rate Policy
2. Open Market Operations
3. Cash Reserve Ratio
4. Moral Suasion

Correct Option: D

The Central Bank uses Quantitative control to regulate the volume of total credit. Quantitative methods are: (i) Manipulation of Bank Rate; (ii) Open market operations; (iii) Manipulation of Cash reserve ratio; (iv) Repo & Reverse Repo; and (v) Altering Statutory Liquidity Ratio. Moral persuasion and direct action is a qualitative method.