Distinguish between: 2. Quantitative Credit Control Measures and Qualitative Credit Control Measures

Distinguish between:
2. Quantitative Credit Control Measures and Qualitative Credit Control Measures

Basis
Quantitative Credit Control Measures
Qualitative Credit Control Measures
Affect
Instruments of these measures have an effect on the entire economy.
Instruments of these measures have an effect only on some individuals or parties and not on the entire economy.
Uses
These measures are used to affect the quantum of credit in the economy.
These measures are used to affect the use of credit.
Techniques
Some examples of quantitative techniques are Cash Reserve Ratio, Statutory Liquid Ratio, Bank Rate etc.
Some examples of qualitative techniques are Selective Credit Control, Moral Suasion, Rationing of Credit etc.

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