01-30-2010, 01:32 PM
Objectives of credit control :
To obtain stability in the internal price level.
To attain stability in exchange rate.
To stabilize money market of a country.
To eliminate business cycles-inflation and depression-by controlling supply of credit.
To maximize income, employeement and output in a country.
To meet the financial requirements of an economy not only during normal times but also during emergency or war.
To help the economic growth of a country within specified period of time.
To obtain stability in the internal price level.
To attain stability in exchange rate.
To stabilize money market of a country.
To eliminate business cycles-inflation and depression-by controlling supply of credit.
To maximize income, employeement and output in a country.
To meet the financial requirements of an economy not only during normal times but also during emergency or war.
To help the economic growth of a country within specified period of time.