Which one of the following is not an instrument of credit control in India?

This question was previously asked in
SSC CGL Previous Paper 12 (Held On: 10 August 2017 Shift 3)
View all SSC CGL Papers >
  1. Rationing of credit
  2. Direct Action
  3. Open Market operations
  4. Variable cost reserve ratios

Answer (Detailed Solution Below)

Option 4 : Variable cost reserve ratios
super-pass-live
Free
SSC CGL Tier 1 2025 Full Test - 01
100 Qs. 200 Marks 60 Mins

Detailed Solution

Download Solution PDF

Variable cost reserve ratios is not an instrument of credit control in India. It is an expression to find a company’s variable production costs in terms of percentage of sales, calculated by dividing the variable cost by total revenues.

Latest SSC CGL Updates

Last updated on Jul 9, 2025

-> The SSC CGL Notification 2025 for the Combined Graduate Level Examination has been officially released on the SSC's new portal – www.ssc.gov.in.

-> Bihar Police Admit Card 2025 Out at csbc.bihar.gov.in

-> This year, the Staff Selection Commission (SSC) has announced approximately 14,582 vacancies for various Group B and C posts across government departments.

-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025.

->  Aspirants should visit ssc.gov.in 2025 regularly for updates and ensure timely submission of the CGL exam form.

-> Candidates can refer to the CGL syllabus for a better understanding of the exam structure and pattern.

-> The CGL Eligibility is a bachelor’s degree in any discipline.

-> Candidates selected through the SSC CGL exam will receive an attractive salary. Learn more about the SSC CGL Salary Structure.

-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.

-> The AP DSC Answer Key 2025 has been released on its official website.

-> The UP ECCE Educator 2025 Notification has been released for 8800 Posts.

Hot Links: teen patti wealth teen patti chart teen patti download teen patti master online