Q.3 What are the regulatory governance challenges facing the RBI today? Suggest the way forward. (10 Marks)

Mentor’s comment-
  • https://indianexpress.com/article/opinion/columns/rbi-policy-india-inflation-rate-7987392/
  • In the intro, mention the importance of transparency in the functioning of inflation targeting central ban.=k.
  • In the body mention the challenges such as lack of consultation with the stakeholders, lack of solutions provided in the consultation papers of the RBI, etc. Also mention the judicial scrutiny due to issues in the regulatory governance.
  •  In the suggestions mention the need for consultation with the stakeholders and implementing the  Regulations Review Authority 2.0 (RRA) suggestions
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2 years ago

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2 years ago

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2 years ago

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2 years ago

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