Q.3) How the challenge of taming the inflation for RBI is different during the second covid wave as compared to the first? How RBI dealt with the ‘impossible trinity’ during the two waves? (10 Marks)

“Mentor’s Comments” https://www.livemint.com/opinion/columns/prices-profits-and-the-pandemic-what-rbi-could-do-11622657858665.html In the intro, mention the important role played by the central bank during both the waves to soften the blows of pandemic for economy. In the body, mention the difference in inflationary pressure this time as the global recovery due to asymmetric global recovery which resulted in the rising prices globally. Next … Continue reading Q.3) How the challenge of taming the inflation for RBI is different during the second covid wave as compared to the first? How RBI dealt with the ‘impossible trinity’ during the two waves? (10 Marks)