Legislating payments out of RBI’s excess capital could compromise its independence. Critically examine keeping in mind the recent committee established for examining issues of how much equity that RBI should hold. (200 W) - Civilsdaily

Legislating payments out of RBI’s excess capital could compromise its independence. Critically examine keeping in mind the recent committee established for examining issues of how much equity that RBI should hold. (200 W)

Source: https://www.civilsdaily.com/news/op-ed-snap-legislating-payments-out-of-rbis-excess-capital-could-compromise-its-independence/ Model Answer: RBI’s equity sharing works as a fuel cum cushion to its operations and supports against … Continue reading Legislating payments out of RBI’s excess capital could compromise its independence. Critically examine keeping in mind the recent committee established for examining issues of how much equity that RBI should hold. (200 W)