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Discuss in detail the qualitative means of central bank fall control?

Discuss in detail the qualitative means of central bank fall control? North : Qualitative or Selective Credit Controls The central bank lacks numerical tools to effectively control the credit formation of a commercial bank. There are some flaws in it. For example, with the help of numerical tools, the total amount of money in the economy can be increased or decreased, but the money in the economy cannot be diverted from the wrong sector to the right sector. Also, numerical tools apply equally to all areas. But in reality, different policies need to be implemented for a particular component, for a particular area. Numerical tools fail for that. So along with that, the central bank does quality tools. Interpretation:  "" The tools used by the central bank to divert money from the non-essential sector to the required sector. These tools are called qualitative or selective or differential falls control tools. " "When the purpose of the central bank in a country is to di

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