Q.3 What changes were made by the RBI in its monetary policy in the wake of Covid? Examine the steps taken by the RBI towards policy normalisation without causing disruption. (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/rbi-must-tackle-surplus-liquidity-7663127/ In the intro, mention move towards policy normalisation by the Central banks, as global economies shows the signs of recovery. In the body, mention steps taken by RBI such as reduced interest rates and liquidity injection through various measures. In the steps towards policy normalisation, mention liquidity management, increase in the policy … Continue reading Q.3 What changes were made by the RBI in its monetary policy in the wake of Covid? Examine the steps taken by the RBI towards policy normalisation without causing disruption. (10 Marks)