Analyse the role played by the RBI in containing inflations? What are the legal provisions made to ensure the accountability of the RBI in this regard? 10 marks

Mentor’s comment-
  • https://www.thehindu.com/opinion/op-ed/reinforcing-rbis-accountability/article33006927.ece
  • In the intro, mention the role played by the RBI in the economy like dealing with the monetary policy and containing inflation.
  • In the body, mention how RBI has been given the legal role of containing inflation. In the next part, analyse the RBI’s contribution in containing the inflation by citing some figures. In the next part, mention the laws and their provision to ensure the RBI’s accountability.
  • Conclude by mentioning the need to reinforce the RBI accountability in the roles assigned to it.
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Somasis Mukherjee
Somasis Mukherjee
1 year ago

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Divya G
Divya G
1 year ago
vinay bhalekar
vinay bhalekar
1 year ago

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