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A CENTRAL BANK MUST NOT OVERREACH

A CENTRAL BANK MUST NOT OVERREACH Syllabus: GS-3: Indian economy and issues Financing Why in the News? The Reserve Bank of India (RBI) announced a proposal to compensate victims of small-value cyber fraud using its Depositor Education and Awareness Fund, raising concerns over mandate overreach, institutional boundaries, and central bank accountability. CENTRAL BANK INDEPENDENCE ●      …

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