credit control means a)contraction of credit only b) Extension and contraction of money supply c) extension of credit only D) supply of money remains the same

Dear Student,
​​​​​​Credit Control means the regulation of the creation and contraction of credit in the economy. Credit control is the system used by a business and also by Central Banks to make sure that it gives credit only to customers who are able to pay, and that customers pay on time.
Therefore Correct Option is A (contraction of credit only).

Regards