Q.9) It has been commented by many experts that management of the government’s debt by the RBI leads to a conflict with its role as monetary authority working to contain inflation and ensure financial stability. In the light of the above statement discuss how setting up of an Independent Public Debt Management Agency would improve the situation. Also discuss the challenges PDMA will face in its working.

Source: http://arthapedia.in/index.php?title=Public_Debt_Management_Agency_(PDMA)