The RBI’s responsibility to regulate the financial sector may have taken a backseat after the adoption of inflation targeting as the main objective. Critically analyse the statement. (15 Marks)

Mentor’s comment: https://www.thehindu.com/opinion/lead/the-perils-of-rbis-fixation-on-inflation/article30578704.ece In the intro, describe the mandates of RBI. In the main body describe how RBI is tasked … Continue reading The RBI’s responsibility to regulate the financial sector may have taken a backseat after the adoption of inflation targeting as the main objective. Critically analyse the statement. (15 Marks)