Should RBI target Core Inflation or Headline Inflation

The Economic Survey for 2023-24 questioned the merits of India’s inflation targeting regime, which aims at a headline inflation rate of 4% with a band of 2% on either side. It mused aloud whether a regime that targets inflation, excluding food prices, would be more appropriate in the Indian context, especially given the unintended effect

Should RBI target Core Inflation or Headline Inflation Read More »

Monetary Policy

Monetary Policy is defined by the Reserve Bank of India as “the policy of the central bank with regard to the use of monetary instruments under its control to achieve the goals specified in the RBI Act, 1934.” Monetary policy is concerned with the measures taken to regulate the supply of money, the cost and

Monetary Policy Read More »

Monetary Policy – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24)

1. Consider the following statements: In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs). In India, Stock Exchanges can offer separate trading platforms for debts. Which of the statements given above is/are correct? (a) 1

Monetary Policy – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24) Read More »

Scroll to Top