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Central Banks, Fiscal Deficits, and Emerging Debt Risks Syllabus: GS-2: Planning , Mobilization of Resources , Fiscal Policy, Direct & Indirect Farm Subsidies Why in the News ? Rising sovereign debt levels, especially in the United States, and the growing role of central banks in indirectly financing government deficits through quantitative easing (QE) and liquidity …
Read MoreSyllabus: GS-3-Role of monetary authority and related institutions , RBI and its effectiveness Focus : Top of Form The article explores the unique challenges faced by central banks in democracies like India and the US, emphasizing the importance of maintaining their independence amidst political pressures. It examines the implications of political interference on monetary policy …
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