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Fund
amen
tals
of E
cono
mic
s- C
redi
t co
ntro
l and
its
met
hod
Ag
en
da
Cre
dit
co
ntr
ol
Ob
ject
ive
of
cre
dit
co
ntr
ol
Op
en
ma
rke
t in
stru
me
nt:
Me
an
ing
, U
sefu
lne
ss,
Lim
ita
tio
ns
Ba
nk
Ra
te P
oli
cy:
Me
an
ing
, h
ow
it
wo
rks?
, Li
mit
ati
on
s
Ma
rgin
re
qu
ire
me
nts
: M
ea
nin
g
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
3h
jR1
VY
0sd
g
To d
ow
nlo
ad
sli
de
s, c
om
ple
te n
ote
s, l
ect
ure
s, t
est
se
rie
s a
nd
stu
dy
m
ate
ria
l v
isit
htt
p:/
/ww
w.d
oo
rste
ptu
tor.
com
/
12
/10
/20
14
w
ww
.do
ors
tep
tuto
r.co
m o
r co
nta
ctu
s@d
oo
rste
ptu
tor.
com
1
Cre
dit c
ontr
ol
Fu
nct
ion
of
cen
tra
l b
an
k
Ce
ntr
al b
an
k C
on
tro
ls c
red
it o
pe
rati
on
s o
f co
mm
erc
ial
ba
nks.
Mo
ne
tary
po
licy
is
imp
lem
en
ted
th
rou
gh
cre
dit
co
ntr
ol
by
ce
ntr
al b
an
k.
12
/10
/20
14
w
ww
.do
ors
tep
tuto
r.co
m o
r co
nta
ctu
s@d
oo
rste
ptu
tor.
com
2
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
3h
jR1
VY
0sd
g
Bank
Rat
e Po
licy
(BR
P)
Tra
dit
ion
al w
ea
po
n o
f cr
ed
it c
on
tro
l
Ra
te a
t w
hic
h in
tere
st is
cha
rge
d b
y t
he
ce
ntr
al b
an
k
for
pro
vid
ing
ca
sh,
is k
no
wn
as
ba
nk
ra
te o
r d
isco
un
t ra
te.
Infl
ue
nce
co
st a
nd
ava
ila
bil
ity
of
cre
dit
to
me
mb
ers
of
ba
nk
Dis
tin
ct f
rom
Ma
rke
t R
ate
12
/10
/20
14
w
ww
.do
ors
tep
tuto
r.co
m o
r co
nta
ctu
s@d
oo
rste
ptu
tor.
com
5
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
3h
jR1
VY
0sd
g
12
/10
/20
14
w
ww
.do
ors
tep
tuto
r.co
m o
r co
nta
ctu
s@d
oo
rste
ptu
tor.
com
6
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
3h
jR1
VY
0sd
g
Ope
n M
arke
t Ope
ratio
ns
Dir
ect
sa
les
an
d p
urc
ha
ses
of
secu
riti
es
an
d
bil
ls i
n t
he
op
en
ma
rke
t b
y t
he
ce
ntr
al
ba
nk
to
co
ntr
ol
the
vo
lum
e o
f cr
ed
it
Pri
ma
ry m
ea
ns
of
imp
lem
en
tin
g m
on
eta
ry
po
licy
12
/10
/20
14
w
ww
.do
ors
tep
tuto
r.co
m o
r co
nta
ctu
s@d
oo
rste
ptu
tor.
com
8
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
3h
jR1
VY
0sd
g