RBI Vs. The Government
Unelected Bodies like RBI are Vital for Democracy
The RBI is the central bank for India. Central Bank in any country plays a critical role in the governance, RBI being no exception. The main objective of a central bank is to secure monetary stability. The objectives of the Reserve Bank of India Act, 1934, are “to regulate the issue of bank notes and the keeping of reserves with a view to securing monetary stability”.
The RBI’s core responsibilities are not different from the responsibilities of central banks of other countries that have an open economy. The premise on which a ....
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Issue Analysis
- 1 Debate over Lateral Entry into Civil Services - By Alok Singh
- 2 Harnessing Marine Biodiversity : BBNJ Agreement and Concerns of Sustainability - By Dr. Amarjeet Bhargava
- 3 India’s Unsustainable Urbanization :Challenges and Imperatives - By Dr. Amarjeet Bhargava
- 4 India’s Poor Solid Waste Management Posing Critical Threat to Public Health & Environment
- 5 Formalizing the Informal Economy Need for Comprehensive Reforms - By Dr. Amarjeet Bhargava
- 6 Sustainable Land Management : Crucial for Mitigating Land Degradation & Preserving Ecosystem Services - By Ranjeet Shah
- 7 Empowering Persons with Disabilities : Towards a Rights based Approach and an Inclusive Society - By Ranjeet Shah
- 8 International Financial Architecture : Need for Comprehensive Reforms - By Ranjeet Shah
- 9 The Threatened Ecosystem of Western Ghats : Conservation Imperatives for the Global Biodiversity Hotspot - By Ranjeet Shah
- 10 Maritime Security Challenges in IOR : Need for Greater Collaboration among Nations - By Chandrakant Singh
