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06May 2024

“THE INDEPENDENT ROLE OF CENTRAL BANKS IN INDIA AND THE U.S”

Syllabus:  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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