Which is the measure of quantitative credit control is not

The correct answer is D. Credit rationing/rationing of credit.

Quantitative credit control is a monetary policy tool that uses direct measures to control the amount of money in circulation. The three main measures of quantitative credit control are:

• Bank rate: The bank rate is the interest rate that the central bank charges commercial banks for loans. By raising or lowering the bank rate, the central bank can influence the amount of money that commercial banks lend to businesses and consumers.
• Open market activities: The central bank can buy or sell government bonds in the open market. When the central bank buys bonds, it injects money into the economy. When the central bank sells bonds, it takes money out of the economy.
• Variable fund ratio: The variable fund ratio is the percentage of deposits that commercial banks must hold in reserve. By raising or lowering the variable fund ratio, the central bank can influence the amount of money that commercial banks have available to lend.

Credit rationing is a non-monetary policy tool that is used to control the amount of credit that is available to businesses and consumers. The central bank can use credit rationing to control the amount of money in circulation, but it is not a direct measure of quantitative credit control.